Baader Bank Analysts Give SAP (ETR:SAP) a €114.00 Price Target
SAP (ETR:SAP) received a €114.00 ($140.74) price target from Baader Bank in a research report issued to clients and investors on Friday, January 5th. The firm currently has a “buy” rating on the technology company’s stock. Baader Bank’s price objective would indicate a potential upside of 23.79% from the stock’s current price.
Several other research firms have also commented on SAP. Barclays set a €110.00 ($135.80) price objective on SAP and gave the stock a “buy” rating in a research note on Friday, January 5th. JPMorgan Chase & Co. set a €105.00 ($129.63) price objective on SAP and gave the stock a “buy” rating in a research note on Tuesday, December 26th. Morgan Stanley set a €111.00 ($137.04) price objective on SAP and gave the stock a “buy” rating in a research note on Monday, December 18th. Commerzbank set a €99.00 ($122.22) target price on SAP and gave the stock a “neutral” rating in a report on Friday, December 15th. Finally, Credit Suisse Group set a €103.00 ($127.16) target price on SAP and gave the stock a “buy” rating in a report on Monday, December 4th. One analyst has rated the stock with a sell rating, eight have given a hold rating and fourteen have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of €103.22 ($127.43).
SAP (ETR SAP) traded up €0.37 ($0.46) during midday trading on Friday, hitting €92.09 ($113.69). The company’s stock had a trading volume of 2,300,000 shares, compared to its average volume of 2,290,000. The stock has a market cap of $113,130.00 and a price-to-earnings ratio of 29.80. SAP has a twelve month low of €83.85 ($103.52) and a twelve month high of €100.70 ($124.32).
SAP SE operates as an enterprise application software and database company worldwide. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce.
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