SAP (ETR:SAP – Get Rating) received a €135.00 ($146.74) target price from investment analysts at The Goldman Sachs Group in a report released on Thursday, Borsen Zeitung reports. The Goldman Sachs Group’s price target suggests a potential upside of 26.19% from the company’s previous close.
Other research analysts also recently issued reports about the company. Credit Suisse Group set a €120.00 ($130.43) target price on SAP in a research report on Monday, January 2nd. Baader Bank set a €115.00 ($125.00) price target on SAP in a report on Tuesday, January 10th. Morgan Stanley set a €125.00 ($135.87) price target on SAP in a report on Monday, December 12th. UBS Group set a €120.00 ($130.43) price target on SAP in a report on Tuesday, January 10th. Finally, Jefferies Financial Group set a €90.00 ($97.83) price target on SAP in a report on Wednesday.
SAP Stock Up 0.5 %
ETR SAP opened at €106.98 ($116.28) on Thursday. The company has a debt-to-equity ratio of 20.77, a quick ratio of 0.92 and a current ratio of 1.03. The company has a market capitalization of $125.12 billion and a P/E ratio of 39.15. SAP has a one year low of €79.58 ($86.50) and a one year high of €125.40 ($136.30). The stock has a 50 day moving average price of €103.08 and a 200-day moving average price of €93.96.
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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