SAP SE (SAP) Receives Average Recommendation of “Buy” from Brokerages

SAP SE (ETR:SAP) has been given a consensus rating of “Buy” by the twenty-seven analysts that are presently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is €112.25 ($130.52).

SAP has been the topic of a number of recent research reports. Citigroup set a €116.00 ($134.88) target price on SAP and gave the stock a “buy” rating in a report on Thursday, October 18th. UBS Group set a €110.00 ($127.91) price target on SAP and gave the company a “buy” rating in a report on Monday, November 12th. Baader Bank set a €112.00 ($130.23) price target on SAP and gave the company a “buy” rating in a report on Wednesday, October 24th. Sanford C. Bernstein set a €115.00 ($133.72) price target on SAP and gave the company a “buy” rating in a report on Monday, November 19th. Finally, JPMorgan Chase & Co. set a €115.00 ($133.72) price target on SAP and gave the company a “buy” rating in a report on Monday, November 12th.

Shares of ETR SAP traded down €0.49 ($0.57) during mid-day trading on Friday, reaching €88.95 ($103.43). The company had a trading volume of 1,237,778 shares, compared to its average volume of 3,430,000. SAP has a 1-year low of €81.37 ($94.62) and a 1-year high of €100.70 ($117.09).



About SAP

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 for 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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