SAP (ETR:SAP) Given a €120.00 Price Target by Kepler Capital Markets Analysts

Kepler Capital Markets set a €120.00 ($139.53) price objective on SAP (ETR:SAP) in a report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the technology company’s stock.

Several other equities research analysts also recently issued reports on the company. Societe Generale set a €131.00 ($152.33) price target on SAP and gave the company a buy rating in a report on Wednesday. Warburg Research set a €145.00 ($168.60) price target on SAP and gave the company a buy rating in a report on Wednesday. Oddo Bhf set a €110.00 ($127.91) price target on SAP and gave the company a neutral rating in a report on Wednesday, October 23rd. Jefferies Financial Group set a €142.00 ($165.12) price target on SAP and gave the company a buy rating in a report on Wednesday. Finally, UBS Group set a €125.00 ($145.35) price target on SAP and gave the company a neutral rating in a report on Wednesday. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. SAP has an average rating of Buy and a consensus price target of €128.65 ($149.59).

SAP stock traded down €0.56 ($0.65) during mid-day trading on Wednesday, hitting €121.56 ($141.35). 2,128,095 shares of the company’s stock traded hands, compared to its average volume of 3,430,000. The firm has a 50 day simple moving average of €114.78 and a two-hundred day simple moving average of €113.14. SAP has a fifty-two week low of €83.95 ($97.62) and a fifty-two week high of €125.00 ($145.35). The stock has a market cap of $149.34 billion and a price-to-earnings ratio of 42.83. The company has a debt-to-equity ratio of 9.23, a current ratio of 1.01 and a quick ratio of 0.92.

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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