SAP (ETR:SAP) PT Set at €112.00 by Baader Bank

SAP (ETR:SAP) has been assigned a €112.00 ($130.23) target price by research analysts at Baader Bank in a research note issued to investors on Monday, February 4th. The brokerage presently has a “buy” rating on the technology company’s stock. Baader Bank’s price target would indicate a potential upside of 18.03% from the company’s previous close.

A number of other research analysts also recently issued reports on the company. UBS Group set a €100.00 ($116.28) price target on SAP and gave the company a “buy” rating in a report on Friday, January 11th. HSBC set a €120.00 ($139.53) target price on SAP and gave the stock a “buy” rating in a research note on Tuesday, October 23rd. Credit Suisse Group set a €120.00 ($139.53) target price on SAP and gave the stock a “buy” rating in a research note on Wednesday, October 17th. Morgan Stanley set a €105.00 ($122.09) target price on SAP and gave the stock a “neutral” rating in a research note on Tuesday, October 9th. Finally, Citigroup set a €116.00 ($134.88) target price on SAP and gave the stock a “buy” rating in a research note on Thursday, October 18th. Six research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of €110.49 ($128.47).

ETR SAP traded up €0.69 ($0.80) on Monday, reaching €94.89 ($110.34). 1,749,562 shares of the stock traded hands, compared to its average volume of 3,430,000. SAP has a 12 month low of €81.37 ($94.62) and a 12 month high of €100.70 ($117.09).

About SAP

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 for 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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