Baader Bank Analysts Give SAP (ETR:SAP) a €120.00 Price Target

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SAP (ETR:SAP) has been assigned a €120.00 ($139.53) price target by stock analysts at Baader Bank in a research note issued on Monday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the technology company’s stock. Baader Bank’s price objective points to a potential upside of 0.42% from the stock’s previous close.

Several other research firms have also weighed in on SAP. Independent Research set a €123.00 ($143.02) price objective on SAP and gave the company a “neutral” rating in a research note on Thursday, October 17th. UBS Group set a €120.00 ($139.53) price objective on SAP and gave the company a “neutral” rating in a research note on Monday, October 14th. Goldman Sachs Group set a €145.00 ($168.60) price objective on SAP and gave the company a “buy” rating in a research note on Friday, October 18th. Jefferies Financial Group set a €138.00 ($160.47) price objective on SAP and gave the company a “buy” rating in a research note on Friday, October 11th. Finally, Credit Suisse Group set a €126.00 ($146.51) price objective on SAP and gave the company a “buy” rating in a research note on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of €123.23 ($143.29).

ETR:SAP opened at €119.50 ($138.95) on Monday. The stock’s 50-day simple moving average is €109.46 and its 200 day simple moving average is €111.00. The firm has a market capitalization of $146.81 billion and a PE ratio of 42.23. The company has a quick ratio of 0.87, a current ratio of 0.95 and a debt-to-equity ratio of 6.56. SAP has a twelve month low of €83.95 ($97.62) and a twelve month high of €125.00 ($145.35).

SAP Company Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution for businesses to manage data from various sources; and SAP Cloud platform that offers an enterprise platform-as-a-service.

Further Reading: Rule of 72

Analyst Recommendations for SAP (ETR:SAP)

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