Shares of SAP SE (ETR:SAP) have been assigned an average recommendation of “Buy” from the twenty-three ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is €122.43 ($142.37).

Several analysts recently commented on SAP shares. Independent Research set a €26.00 ($30.23) price target on Aareal Bank and gave the company a “neutral” rating in a research note on Friday, July 5th. Sanford C. Bernstein raised Zimmer Biomet from an “underperform” rating to a “market perform” rating and set a $121.71 price target on the stock in a research note on Tuesday, June 11th. Deutsche Bank started coverage on Target in a research note on Monday, July 15th. They issued a “hold” rating and a $85.00 price target on the stock. Oddo Bhf set a €84.00 ($97.67) price target on SAP and gave the company a “sell” rating in a research note on Friday, April 5th. Finally, Credit Suisse Group reaffirmed a “buy” rating and issued a $90.00 price target on shares of Bayerische Motoren Werke in a research note on Thursday, July 18th.

SAP stock traded down €2.84 ($3.30) during trading on Tuesday, hitting €110.58 ($128.58). The company had a trading volume of 2,482,270 shares, compared to its average volume of 3,430,000. The firm’s fifty day moving average is €117.76. The company has a current ratio of 0.95, a quick ratio of 0.87 and a debt-to-equity ratio of 6.56. The stock has a market capitalization of $135.38 billion and a P/E ratio of 42.43. SAP has a fifty-two week low of €83.95 ($97.62) and a fifty-two week 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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