SAP SE (ETR:SAP) has been given a consensus rating of “Buy” by the twenty-two research firms that are presently covering the firm, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is €125.32 ($145.72).
Several equities research analysts recently weighed in on SAP shares. Baader Bank set a €125.00 ($145.35) target price on SAP and gave the stock a “neutral” rating in a research note on Tuesday, November 5th. Deutsche Bank set a €135.00 ($156.98) target price on SAP and gave the stock a “buy” rating in a research note on Monday, July 15th. HSBC set a €135.00 ($156.98) target price on SAP and gave the stock a “buy” rating in a research note on Monday, October 14th. Credit Suisse Group set a €132.00 ($153.49) target price on SAP and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, Sanford C. Bernstein set a €127.00 ($147.67) price target on SAP and gave the stock a “buy” rating in a research report on Friday, October 11th.
SAP stock traded up €0.56 ($0.65) during trading on Thursday, hitting €123.26 ($143.33). 1,890,053 shares of the company’s stock were exchanged, compared to its average volume of 3,430,000. The business has a 50-day moving average price of €113.43 and a two-hundred day moving average price of €112.57. The stock has a market capitalization of $151.40 billion and a price-to-earnings ratio of 43.43. SAP has a 52-week low of €83.95 ($97.62) and a 52-week high of €125.00 ($145.35). The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 9.23.
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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