SAP (ETR:SAP) received a €105.00 ($129.63) price objective from research analysts at JPMorgan Chase in a report released on Wednesday. The firm presently has a “buy” rating on the technology company’s stock. JPMorgan Chase’s target price points to a potential upside of 19.67% from the stock’s current price.
A number of other equities analysts have also recently weighed in on the stock. Morgan Stanley set a €111.00 ($137.04) price objective on shares of SAP and gave the stock a “buy” rating in a research report on Monday, December 18th. Commerzbank set a €99.00 ($122.22) price target on shares of SAP and gave the company a “neutral” rating in a research report on Friday, December 15th. Deutsche Bank set a €102.00 ($125.93) price target on shares of SAP and gave the company a “buy” rating in a research report on Friday, January 19th. Societe Generale set a €110.00 ($135.80) price target on shares of SAP and gave the company a “buy” rating in a research report on Tuesday, January 16th. Finally, Goldman Sachs set a €121.00 ($149.38) price target on shares of SAP and gave the company a “buy” rating in a research report on Thursday, January 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company. SAP currently has a consensus rating of “Buy” and a consensus price target of €104.78 ($129.36).
ETR:SAP opened at €87.74 ($108.32) on Wednesday. SAP has a fifty-two week low of €81.37 ($100.46) and a fifty-two week high of €100.70 ($124.32).
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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