SAP (ETR:SAP) PT Set at €117.00 by UBS Group

UBS Group set a €117.00 ($136.05) price target on SAP (ETR:SAP) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the technology company’s stock.

SAP has been the topic of several other reports. Royal Bank of Canada set a GBX 5,200 ($67.95) price target on shares of London Stock Exchange Group and gave the company a buy rating in a report on Wednesday, April 24th. Sanford C. Bernstein upgraded shares of Zimmer Biomet from an underperform rating to a market perform rating and set a $121.71 target price on the stock in a research note on Tuesday, June 11th. Oddo Bhf set a €84.00 ($97.67) target price on shares of SAP and gave the stock a sell rating in a research note on Friday, April 5th. Credit Suisse Group dropped their target price on shares of from GBX 145 ($1.89) to GBX 105 ($1.37) and set a neutral rating on the stock in a research note on Friday, June 21st. Finally, Kepler Capital Markets set a €11.00 ($12.79) target price on shares of E.On and gave the stock a buy rating in a research note on Monday, May 13th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the stock. SAP currently has an average rating of Buy and a consensus target price of €121.65 ($141.46).

Shares of ETR:SAP opened at €112.00 ($130.23) on Thursday. The company has a market cap of $133.69 billion and a P/E ratio of 41.04. SAP has a 12 month low of €83.95 ($97.62) and a 12 month high of €125.00 ($145.35). The firm’s 50-day moving average price is €117.54. The company has a debt-to-equity ratio of 50.41, a current ratio of 1.10 and a quick ratio of 1.03.

About SAP

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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