SAP (ETR:SAP) PT Set at €127.00 by Sanford C. Bernstein

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SAP (ETR:SAP) received a €127.00 ($147.67) price objective from analysts at Sanford C. Bernstein in a research report issued on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the technology company’s stock. Sanford C. Bernstein’s price target would suggest a potential upside of 12.07% from the stock’s previous close.

A number of other brokerages have also commented on SAP. Barclays set a €125.00 ($145.35) price objective on shares of SAP and gave the stock a “buy” rating in a research report on Thursday, April 25th. Deutsche Bank set a €108.00 ($125.58) price objective on shares of SAP and gave the stock a “buy” rating in a research report on Wednesday, April 17th. Goldman Sachs Group set a €120.00 ($139.53) price objective on shares of SAP and gave the stock a “buy” rating in a research report on Thursday, February 14th. JPMorgan Chase & Co. set a €130.00 ($151.16) price objective on shares of SAP and gave the stock a “buy” rating in a research report on Wednesday, May 8th. Finally, UBS Group set a €105.00 ($122.09) price objective on shares of SAP and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of €116.17 ($135.09).

SAP stock opened at €113.32 ($131.77) on Tuesday. The company has a market capitalization of $135.30 billion and a PE ratio of 41.52. SAP has a twelve month low of €83.95 ($97.62) and a twelve month high of €117.08 ($136.14). The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 50.41.

About SAP

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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