SAP (ETR:SAP) Given a €115.00 Price Target at Nord/LB

Nord/LB set a €115.00 ($133.72) price objective on SAP (ETR:SAP) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the technology company’s stock.

Several other analysts have also issued reports on the stock. Deutsche Bank set a €135.00 ($156.98) target price on shares of SAP and gave the company a buy rating in a research report on Monday, July 15th. Independent Research set a €123.00 ($143.02) target price on shares of SAP and gave the company a neutral rating in a research report on Wednesday. Morgan Stanley set a €115.00 ($133.72) target price on shares of SAP and gave the company a neutral rating in a research report on Wednesday, July 10th. UBS Group set a €120.00 ($139.53) target price on shares of SAP and gave the company a neutral rating in a research report on Monday. Finally, Jefferies Financial Group set a €140.00 ($162.79) target price on shares of SAP and gave the company a buy rating in a research report on Monday. Eight analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of €124.64 ($144.93).

Shares of ETR SAP traded up €0.42 ($0.49) during trading on Wednesday, hitting €118.88 ($138.23). The company had a trading volume of 1,530,839 shares, compared to its average volume of 3,430,000. The stock has a fifty day simple moving average of €109.68 and a two-hundred day simple moving average of €111.07. SAP has a fifty-two week low of €83.95 ($97.62) and a fifty-two week high of €125.00 ($145.35). The firm has a market capitalization of $145.53 billion and a price-to-earnings ratio of 42.01. The company has a quick ratio of 0.87, a current ratio of 0.95 and a debt-to-equity ratio of 6.56.

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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