Barclays set a €125.00 ($145.35) price objective on SAP (ETR:SAP) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.
SAP has been the topic of a number of other research reports. Sanford C. Bernstein upgraded Zimmer Biomet from an underperform rating to a market perform rating and set a $121.71 target price on the stock in a research report on Tuesday, June 11th. Warburg Research set a €1.45 ($1.69) price target on Heidelberger Druckmaschinen and gave the stock a neutral rating in a report on Thursday. Deutsche Bank began coverage on Target in a report on Monday, July 15th. They set a hold rating and a $85.00 price target on the stock. Royal Bank of Canada set a GBX 5,200 ($67.95) price target on London Stock Exchange Group and gave the stock a buy rating in a report on Wednesday, April 24th. Finally, Berenberg Bank reissued a buy rating and set a GBX 340 ($4.44) price target on shares of Stock Spirits Group in a report on Tuesday, May 14th. One analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the stock. The company presently has an average rating of Buy and an average target price of €121.65 ($141.46).
SAP opened at €112.00 ($130.23) on Thursday. The business’s 50-day moving average price is €117.54. The company has a debt-to-equity ratio of 50.41, a current ratio of 1.10 and a quick ratio of 1.03. SAP has a one year low of €83.95 ($97.62) and a one year high of €125.00 ($145.35). The firm has a market capitalization of $133.69 billion and a PE ratio of 41.04.
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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