SAP (SAP) Given a €108.00 Price Target at UBS Group

SAP (ETR:SAP) received a €108.00 ($125.58) price objective from UBS Group in a note issued to investors on Tuesday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the technology company’s stock. UBS Group’s price target indicates a potential upside of 23.25% from the stock’s current price.

A number of other equities research analysts have also issued reports on the company. Sanford C. Bernstein set a €115.00 ($133.72) target price on SAP and gave the company a “buy” rating in a research report on Monday. Credit Suisse Group set a €120.00 ($139.53) target price on SAP and gave the company a “buy” rating in a research report on Tuesday, November 13th. Independent Research set a €100.00 ($116.28) target price on SAP and gave the company a “neutral” rating in a research report on Tuesday, November 13th. Cfra set a €107.00 ($124.42) target price on SAP and gave the company a “buy” rating in a research report on Tuesday, November 13th. Finally, Goldman Sachs Group set a €122.00 ($141.86) target price on SAP and gave the company a “buy” rating in a research report on Monday, November 12th. Five analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the stock. SAP has a consensus rating of “Buy” and a consensus target price of €113.26 ($131.69).

Shares of SAP stock opened at €87.63 ($101.90) on Tuesday. SAP has a 52-week low of €81.37 ($94.62) and a 52-week high of €100.70 ($117.09).

SAP Company Profile

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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