Warburg Research Analysts Give SAP (ETR:SAP) a €145.00 Price Target

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Warburg Research set a €145.00 ($168.60) target price on SAP (ETR:SAP) in a research report released on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the technology company’s stock.

A number of other equities research analysts have also recently weighed in on SAP. UBS Group reiterated a neutral rating on shares of CAIXABANK/ADR in a research report on Thursday. JPMorgan Chase & Co. cut shares of News from a neutral rating to an underweight rating in a research report on Thursday. Deutsche Bank began coverage on shares of Target in a research report on Monday, July 15th. They set a hold rating and a $85.00 price target for the company. Kepler Capital Markets set a €11.00 ($12.79) price target on shares of E.On and gave the company a buy rating in a research report on Monday, May 13th. Finally, Sanford C. Bernstein upgraded shares of Zimmer Biomet from an underperform rating to a market perform rating and set a $121.71 price target for the company in a research report on Tuesday, June 11th. One analyst has rated the stock with a sell rating, six have issued a hold rating and sixteen have given a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of €121.65 ($141.46).

Shares of SAP opened at €112.00 ($130.23) on Thursday. SAP has a 1-year low of €83.95 ($97.62) and a 1-year high of €125.00 ($145.35). The firm has a market capitalization of $133.69 billion and a PE ratio of 41.04. The company’s 50-day moving average is €117.54. The company has a current ratio of 1.10, a quick ratio of 1.03 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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