SAP (ETR:SAP) PT Set at €120.00 by Kepler Capital Markets

Kepler Capital Markets set a €120.00 ($139.53) price target on SAP (ETR:SAP) in a report published on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the technology company’s stock.

SAP has been the subject of several other reports. Sanford C. Bernstein set a €127.00 ($147.67) price target on SAP and gave the company a buy rating in a research report on Friday, October 11th. Berenberg Bank set a €135.00 ($156.98) price target on SAP and gave the company a buy rating in a research report on Wednesday. Warburg Research set a €145.00 ($168.60) price target on SAP and gave the company a buy rating in a research report on Wednesday. HSBC set a €135.00 ($156.98) price target on SAP and gave the company a buy rating in a research report on Monday, October 14th. Finally, Oddo Bhf set a €110.00 ($127.91) price objective on SAP and gave the company a neutral rating in a research report on Wednesday, October 23rd. Eight equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of €128.65 ($149.59).

SAP stock traded up €1.04 ($1.21) during trading on Wednesday, hitting €122.60 ($142.56). 2,553,577 shares of the company traded hands, compared to its average volume of 3,430,000. The stock’s 50-day simple moving average is €115.10 and its 200 day simple moving average is €113.25. The company has a debt-to-equity ratio of 54.39, a current ratio of 1.01 and a quick ratio of 0.92. The company has a market cap of $150.61 billion and a PE ratio of 43.20. SAP has a 1 year low of €83.95 ($97.62) and a 1 year 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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