Morgan Stanley Analysts Give SAP (ETR:SAP) a €118.00 Price Target
Morgan Stanley set a €118.00 ($137.21) price objective on SAP (ETR:SAP) in a research note issued to investors on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the technology company's stock.
A number of other analysts have also recently issued reports on SAP. UBS Group set a €125.00 ($145.35) target price on SAP and gave the stock a neutral rating in a report on Wednesday. Barclays set a €125.00 ($145.35) target price on SAP and gave the stock a buy rating in a report on Tuesday, October 22nd. Goldman Sachs Group set a €150.00 ($174.42) target price on SAP and gave the stock a buy rating in a report on Wednesday, November 13th. Jefferies Financial Group set a €142.00 ($165.12) target price on SAP and gave the stock a buy rating in a report on Wednesday, November 13th. Finally, Warburg Research set a €145.00 ($168.60) target price on SAP and gave the stock a buy rating in a report on Wednesday, November 13th. Eight equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. SAP presently has an average rating of Buy and a consensus target price of €129.45 ($150.52).
Shares of ETR:SAP opened at €124.16 ($144.37) on Thursday. The company has a debt-to-equity ratio of 54.39, a quick ratio of 0.92 and a current ratio of 1.01. SAP has a 1 year low of €83.95 ($97.62) and a 1 year high of €125.00 ($145.35). The stock has a market capitalization of $152.53 billion and a P/E ratio of 43.75. The stock has a 50-day simple moving average of €121.66 and a 200-day simple moving average of €114.67.
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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Morgan Stanley set a €118.00 ($137.21) price target on SAP (ETR:SAP) in a research note released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the technology company's stock. Other research
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