Credit Suisse Group set a €120.00 ($141.18) target price on SAP (ETR:SAP) in a report published on Thursday. The brokerage currently has a buy rating on the technology company’s stock.

A number of other brokerages have also recently weighed in on SAP. Royal Bank of Canada set a €97.00 ($114.12) price target on SAP and gave the stock a neutral rating in a research note on Friday, April 20th. Baader Bank set a €112.00 ($131.76) price target on SAP and gave the stock a buy rating in a research note on Tuesday, July 10th. Morgan Stanley set a €105.00 ($123.53) price target on SAP and gave the stock a neutral rating in a research note on Monday, July 16th. UBS Group set a €97.00 ($114.12) price target on SAP and gave the stock a neutral rating in a research note on Wednesday, April 25th. Finally, Sanford C. Bernstein set a €104.00 ($122.35) price target on SAP and gave the stock a buy rating in a research note on Tuesday, July 3rd. Six investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. SAP presently has a consensus rating of Buy and an average price target of €110.45 ($129.94).

Shares of SAP opened at €99.99 ($117.64) on Thursday, according to Marketbeat.com. SAP has a 1-year low of €81.37 ($95.73) and a 1-year high of €100.70 ($118.47).

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.

Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks

Analyst Recommendations for SAP (ETR:SAP)

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