SAP (ETR:SAP) has been given a €122.00 ($141.86) target price by analysts at Berenberg Bank in a research report issued on Wednesday, September 26th. The firm currently has a “buy” rating on the technology company’s stock. Berenberg Bank’s target price points to a potential upside of 24.40% from the stock’s previous close.

SAP has been the topic of several other research reports. Warburg Research set a €108.00 ($125.58) target price on SAP and gave the company a “buy” rating in a research report on Wednesday, June 6th. Oddo Bhf set a €121.00 ($140.70) target price on SAP and gave the company a “buy” rating in a research report on Friday, July 20th. Kepler Capital Markets set a €93.00 ($108.14) target price on SAP and gave the company a “neutral” rating in a research report on Wednesday, July 18th. Independent Research set a €110.00 ($127.91) target price on SAP and gave the company a “neutral” rating in a research report on Thursday, July 19th. Finally, Citigroup set a €109.00 ($126.74) target price on SAP and gave the company a “buy” rating in a research report on Thursday, July 12th. Six investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. SAP currently has an average rating of “Buy” and a consensus price target of €112.64 ($130.98).

Shares of SAP stock traded up €0.99 ($1.15) on Wednesday, hitting €98.07 ($114.03). 4,027,769 shares of the company’s stock traded hands, compared to its average volume of 3,430,000. SAP has a one year low of €81.37 ($94.62) and a one year high of €100.70 ($117.09).

SAP Company Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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Analyst Recommendations for SAP (ETR:SAP)

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