SAP (ETR:SAP) PT Set at €150.00 by Barclays

Barclays set a €150.00 ($174.42) target price on SAP (ETR:SAP) in a report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.

A number of other analysts also recently issued reports on SAP. Independent Research set a €129.00 ($150.00) price target on SAP and gave the company a neutral rating in a research report on Tuesday, January 28th. Morgan Stanley set a €118.00 ($137.21) price target on SAP and gave the company a neutral rating in a research report on Thursday, December 12th. Sanford C. Bernstein set a €140.00 ($162.79) price target on SAP and gave the company a buy rating in a research report on Tuesday, November 19th. UBS Group set a €130.00 ($151.16) price target on SAP and gave the company a neutral rating in a research report on Wednesday, February 19th. Finally, Royal Bank of Canada set a €167.00 ($194.19) price target on SAP and gave the company a buy rating in a research report on Tuesday, January 28th. One analyst has rated the stock with a sell rating, six have issued a hold rating and fifteen have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of €136.23 ($158.40).

Shares of SAP opened at €111.56 ($129.72) on Tuesday. The company has a market cap of $137.05 billion and a PE ratio of 39.91. The company has a current ratio of 1.05, a quick ratio of 0.97 and a debt-to-equity ratio of 52.52. The stock has a 50-day moving average price of €123.91 and a 200-day moving average price of €117.37. SAP has a 12-month low of €92.60 ($107.67) and a 12-month high of €129.60 ($150.70).

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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