SAP (SAP) Given a €99.00 Price Target by Commerzbank Analysts
SAP (ETR:SAP) has been given a €99.00 ($117.86) target price by equities research analysts at Commerzbank in a research note issued on Friday. The firm presently has a “neutral” rating on the technology company’s stock. Commerzbank’s price target would indicate a potential upside of 1.69% from the stock’s current price.
Other analysts also recently issued research reports about the stock. Morgan Stanley set a €102.00 ($121.43) price objective on shares of SAP and gave the company a “buy” rating in a report on Wednesday, October 4th. J P Morgan Chase & Co set a €105.00 ($125.00) price objective on shares of SAP and gave the company a “buy” rating in a report on Thursday, October 19th. Deutsche Bank set a €100.00 ($119.05) price objective on shares of SAP and gave the company a “buy” rating in a report on Friday, October 20th. Goldman Sachs Group set a €108.00 ($128.57) price objective on shares of SAP and gave the company a “buy” rating in a report on Wednesday, October 11th. Finally, UBS set a €93.00 ($110.71) price target on shares of SAP and gave the stock a “neutral” rating in a report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of €100.88 ($120.09).
SAP (ETR SAP) opened at €97.35 ($115.89) on Friday. SAP has a 12 month low of €80.10 ($95.36) and a 12 month high of €100.70 ($119.88).
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SAP SE operates as an enterprise application software and database company worldwide. It offers SAP HANA and SAP S/4HANA, which are in-memory computing platforms that store and process huge data, and eliminate the maintenance of separate legacy systems and siloed data; SAP BW/4HANA, a data warehouse software; SAP S/4HANA Cloud, a software-as-a-service solution that provides the scalability, ease of management, and security; SAP SuccessFactors, a suite of human capital management solutions to develop, manage, engage, and empower the workforce; SAP Concur, a travel and expense management solution; SAP Ariba, a guided buying, light enablement, and open platform solution; and SAP Fieldglass, a solution to procure and manage external workforce.
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