Barclays set a €158.00 ($177.53) target price on SAP (ETR:SAP) in a report issued on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the technology company’s stock.

Other research analysts also recently issued research reports about the stock. Sanford C. Bernstein set a €126.00 ($141.57) price target on shares of SAP and gave the stock a buy rating in a research report on Tuesday, June 9th. Baader Bank set a €125.00 ($140.45) target price on SAP and gave the company a buy rating in a report on Thursday, July 9th. Goldman Sachs Group set a €142.00 ($159.55) price target on SAP and gave the stock a buy rating in a research note on Wednesday, July 8th. Independent Research set a €133.00 ($149.44) price objective on SAP and gave the company a buy rating in a research note on Wednesday, April 22nd. Finally, Warburg Research set a €145.00 ($162.92) target price on shares of SAP and gave the stock a buy rating in a research note on Thursday, July 9th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nineteen have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of €130.59 ($146.73).

SAP opened at €137.52 ($154.52) on Friday. The firm’s fifty day simple moving average is €119.80 and its two-hundred day simple moving average is €114.84. SAP has a 52-week low of €82.13 ($92.28) and a 52-week high of €129.60 ($145.62). The company has a market cap of $161.19 billion and a price-to-earnings ratio of 37.92. The company has a quick ratio of 0.92, a current ratio of 0.99 and a debt-to-equity ratio of 57.36.

SAP Company Profile

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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Analyst Recommendations for SAP (ETR:SAP)

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