SAP (ETR:SAP) PT Set at €140.00 by Jefferies Financial Group

SAP (ETR:SAP) has been assigned a €140.00 ($162.79) price target by equities researchers at Jefferies Financial Group in a research note issued to investors on Monday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the technology company’s stock. Jefferies Financial Group’s price objective suggests a potential upside of 17.15% from the company’s current price.

Several other brokerages also recently weighed in on SAP. Credit Suisse Group set a €132.00 ($153.49) target price on shares of SAP and gave the company a “buy” rating in a report on Monday. Morgan Stanley set a €115.00 ($133.72) target price on shares of SAP and gave the company a “neutral” rating in a report on Wednesday, July 10th. Berenberg Bank set a €130.00 ($151.16) target price on shares of SAP and gave the company a “buy” rating in a report on Friday, July 19th. JPMorgan Chase & Co. set a €130.00 ($151.16) price objective on shares of SAP and gave the stock a “buy” rating in a report on Monday. Finally, UBS Group set a €120.00 ($139.53) price objective on shares of SAP and gave the stock a “neutral” rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. SAP currently has an average rating of “Buy” and a consensus target price of €123.23 ($143.29).

Shares of ETR:SAP opened at €119.50 ($138.95) on Monday. The company has a market cap of $146.81 billion and a price-to-earnings ratio of 42.23. The firm’s 50-day simple moving average is €109.46 and its 200-day simple moving average is €111.00. 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 fifty-two week low of €83.95 ($97.62) and a fifty-two week 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.

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Analyst Recommendations for SAP (ETR:SAP)

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