SAP (ETR:SAP) Given a €110.00 Price Target by Berenberg Bank Analysts

SAP (ETR:SAPGet Rating) received a €110.00 ($113.40) price objective from research analysts at Berenberg Bank in a note issued to investors on Thursday, Borsen Zeitung reports. Berenberg Bank’s price objective would indicate a potential upside of 19.27% from the company’s previous close.

Other analysts have also recently issued research reports about the company. Barclays set a €102.00 ($105.15) price target on SAP in a report on Friday, July 22nd. Baader Bank set a €115.00 ($118.56) price objective on SAP in a report on Friday, July 29th. Credit Suisse Group set a €121.00 ($124.74) price objective on SAP in a report on Monday, July 11th. The Goldman Sachs Group set a €105.00 ($108.25) price objective on SAP in a report on Thursday, July 21st. Finally, Deutsche Bank Aktiengesellschaft set a €115.00 ($118.56) price objective on SAP in a report on Friday, July 22nd.

SAP Stock Performance

Shares of SAP opened at €92.23 ($95.08) on Thursday. The stock’s 50-day simple moving average is €89.97 and its 200 day simple moving average is €97.39. The stock has a market capitalization of $107.87 billion and a price-to-earnings ratio of 27.61. The company has a debt-to-equity ratio of 32.33, a quick ratio of 0.86 and a current ratio of 0.96. SAP has a 52-week low of €83.84 ($86.43) and a 52-week high of €129.74 ($133.75).

SAP Company Profile

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SAP SE, together with its subsidiaries, operates as an enterprise application software company worldwide. The company operates through three segments: Applications, Technology & Support; Qualtrics; and Services. It offers SAP S/4HANA, an ERP suite with intelligent technologies, such as artificial intelligence, machine learning, and advanced analytics; SAP SuccessFactors Human Experience Management provides cloud-based solutions, such as a human resources management system for core HR and payroll, talent management, employee experience management, and people analytics; and intelligent spend management solutions, including products branded under the SAP Ariba, SAP Concur, and SAP Fieldglass names.

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