UBS Group Reiterates €117.00 Price Target for SAP (ETR:SAP)
UBS Group set a €117.00 ($136.05) target price on SAP (ETR:SAP) in a research note published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the technology company’s stock.
A number of other research analysts have also recently issued reports on the company. Nord/LB set a €115.00 ($133.72) price objective on SAP and gave the company a neutral rating in a research note on Friday, June 28th. Royal Bank of Canada set a GBX 5,200 ($67.95) price objective on London Stock Exchange Group and gave the company a buy rating in a research note on Wednesday, April 24th. JPMorgan Chase & Co. reaffirmed a top pick rating on shares of in a research note on Thursday, July 4th. Kepler Capital Markets set a €11.00 ($12.79) price objective on E.On and gave the company a buy rating in a research note on Monday, May 13th. Finally, Morgan Stanley reissued an overweight rating and issued a GBX 4,000 ($52.27) target price on shares of in a research note on Thursday, June 13th. One research analyst has rated the stock with a sell rating, six have given a hold rating and sixteen have assigned a buy rating to the company’s stock. SAP has a consensus rating of Buy and an average target price of €119.91 ($139.43).
Shares of ETR:SAP opened at €121.16 ($140.88) on Monday. The company’s 50-day moving average is €116.60. SAP has a 12-month low of €83.95 ($97.62) and a 12-month high of €125.00 ($145.35). The company has a market capitalization of $145.05 billion and a PE ratio of 44.40. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 50.41.
SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. The company operates through three segments: Applications, Technology & Services; SAP Business Network; and Customer Experience. 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; and SAP Cloud platform that offers an enterprise platform-as-a-service.
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