SAP (SAP) Given a €120.00 Price Target at Main First Bank

SAP (ETR:SAP) received a €120.00 ($139.53) target price from equities researchers at Main First Bank in a report issued on Monday, November 12th. The brokerage currently has a “buy” rating on the technology company’s stock. Main First Bank’s price objective suggests a potential upside of 35.33% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. Warburg Research set a €115.00 ($133.72) price objective on SAP and gave the company a “buy” rating in a research note on Thursday, July 19th. Societe Generale set a €109.00 ($126.74) target price on SAP and gave the stock a “buy” rating in a research report on Thursday, July 19th. Sanford C. Bernstein set a €104.00 ($120.93) target price on SAP and gave the stock a “buy” rating in a research report on Thursday, July 19th. Citigroup set a €116.00 ($134.88) target price on SAP and gave the stock a “buy” rating in a research report on Friday, July 20th. Finally, Cfra set a €117.00 ($136.05) target price on SAP and gave the stock a “buy” rating in a research report on Friday, July 20th. Five analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. SAP presently has a consensus rating of “Buy” and a consensus price target of €113.14 ($131.56).

SAP stock traded up €0.75 ($0.87) during trading on Monday, hitting €88.67 ($103.10). The stock had a trading volume of 3,047,776 shares, compared to its average volume of 3,430,000. SAP has a 1 year low of €81.37 ($94.62) and a 1 year high of €100.70 ($117.09).

SAP Company Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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Analyst Recommendations for SAP (ETR:SAP)

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