SAP (ETR:SAP) received a €122.00 ($141.86) target price from equities researchers at Berenberg Bank in a research report issued on Monday. The brokerage presently has a “buy” rating on the technology company’s stock. Berenberg Bank’s price objective points to a potential upside of 32.78% from the stock’s previous close.
A number of other equities research analysts have also recently issued reports on the stock. Nord/LB set a €110.00 ($127.91) target price on shares of SAP and gave the company a “buy” rating in a report on Monday. JPMorgan Chase & Co. set a €115.00 ($133.72) target price on shares of SAP and gave the company a “buy” rating in a report on Monday. Kepler Capital Markets set a €100.00 ($116.28) target price on shares of SAP and gave the company a “neutral” rating in a report on Monday. Sanford C. Bernstein set a €115.00 ($133.72) target price on shares of SAP and gave the company a “buy” rating in a report on Monday. Finally, Main First Bank set a €120.00 ($139.53) target price on shares of SAP and gave the company a “buy” rating in a report on Monday. Five equities research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of €113.33 ($131.78).
Shares of SAP stock opened at €91.88 ($106.84) on Monday. SAP has a 1 year low of €81.37 ($94.62) and a 1 year high of €100.70 ($117.09).
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.
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