SAP (SAP) PT Set at €122.00 by Berenberg Bank
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 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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