Goldman Sachs Group Analysts Give SAP (ETR:SAP) a €135.00 Price Target

Goldman Sachs Group set a €135.00 ($156.98) price objective on SAP (ETR:SAP) in a research note published on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.

A number of other equities research analysts also recently commented on the company. Warburg Research set a €1.45 ($1.69) price objective on Heidelberger Druckmaschinen and gave the company a neutral rating in a report on Thursday. Independent Research set a €26.00 ($30.23) price objective on Aareal Bank and gave the company a neutral rating in a report on Friday, July 5th. Credit Suisse Group lowered their price target on from GBX 145 ($1.89) to GBX 105 ($1.37) and set a neutral rating for the company in a report on Friday, June 21st. JPMorgan Chase & Co. downgraded News from a neutral rating to an underweight rating in a report on Thursday. Finally, Deutsche Bank began coverage on Target in a report on Monday, July 15th. They issued a hold rating and a $85.00 price target for the company. One research analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have assigned a buy rating to the company. The stock currently has an average rating of Buy and an average target price of €121.65 ($141.46).

ETR SAP opened at €112.00 ($130.23) on Thursday. The firm has a 50-day moving average of €117.54. The company has a market capitalization of $133.69 billion and a P/E ratio of 41.04. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 50.41. SAP has a 12 month low of €83.95 ($97.62) and a 12 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.

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Analyst Recommendations for SAP (ETR:SAP)

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