SAP (ETR:SAP) PT Set at €115.00 by Morgan Stanley

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Morgan Stanley set a €115.00 ($133.72) target price on SAP (ETR:SAP) in a report issued on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the technology company’s stock.

A number of other brokerages also recently issued reports on SAP. Independent Research set a €26.00 ($30.23) price target on shares of Aareal Bank and gave the company a neutral rating in a report on Friday, July 5th. HSBC downgraded shares of EFG EUROBANK ER/ADR from a buy rating to a hold rating in a report on Monday, June 17th. Sanford C. Bernstein raised shares of Zimmer Biomet from an underperform rating to a market perform rating and set a $121.71 price target on the stock in a report on Tuesday, June 11th. Credit Suisse Group dropped their price target on shares of from GBX 145 ($1.89) to GBX 105 ($1.37) and set a neutral rating on the stock in a report on Friday, June 21st. Finally, Baader Bank set a €42.00 ($48.84) price target on shares of Deutsche Beteiligungs and gave the company a buy rating in a report on Monday, July 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the company’s stock. SAP has a consensus rating of Buy and a consensus target price of €121.22 ($140.95).

Shares of ETR SAP opened at €121.06 ($140.77) on Wednesday. The company’s 50-day moving average is €116.76. The company has a debt-to-equity ratio of 50.41, a quick ratio of 1.03 and a current ratio of 1.10. The stock has a market cap of $144.50 billion and a P/E ratio of 44.36. SAP has a 52-week low of €83.95 ($97.62) and a 52-week high of €125.00 ($145.35).

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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