SAP (ETR:SAP) PT Set at €118.00 by Morgan Stanley
Morgan Stanley set a €118.00 ($137.21) price target on SAP (ETR:SAP) in a research note released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the technology company's stock.
Other research analysts have also recently issued research reports about the company. Credit Suisse Group set a €144.00 ($167.44) price target on SAP and gave the stock a buy rating in a research note on Wednesday, November 13th. Kepler Capital Markets set a €120.00 ($139.53) price target on SAP and gave the stock a neutral rating in a research note on Wednesday, November 13th. Baader Bank set a €125.00 ($145.35) price target on SAP and gave the stock a neutral rating in a research note on Wednesday, November 13th. Societe Generale set a €131.00 ($152.33) price target on SAP and gave the stock a buy rating in a research note on Wednesday, November 13th. Finally, Nord/LB set a €115.00 ($133.72) price target on SAP and gave the stock a neutral rating in a research note on Wednesday, October 23rd. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. The stock has a consensus rating of Buy and a consensus price target of €129.45 ($150.52).
ETR:SAP opened at €124.16 ($144.37) on Thursday. SAP has a 1 year low of €83.95 ($97.62) and a 1 year high of €125.00 ($145.35). The stock has a market cap of $152.53 billion and a price-to-earnings ratio of 43.75. The business has a fifty day moving average of €121.66 and a 200-day moving average of €114.67. The company has a debt-to-equity ratio of 54.39, a quick ratio of 0.92 and a current ratio of 1.01.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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SAP (ETR:SAP) has been assigned a €125.00 ($145.35) price target by analysts at Baader Bank in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage presently has a "neutral" rating on