Trade Report: The SAP SE (SAP) PT Set at €70.00 by Oddo Securities

The SAP SE (SAP) PT Set at €70.00 by Oddo Securities

SAP SE (ETR:SAP) received a €70.00 ($77.78) price objective from investment analysts at Oddo Securities in a research note issued to investors on Tuesday. The brokerage presently has a a “sell” rating on the stock.

A number of other equities research analysts also recently commented on the company. Morgan Stanley set a €88.00 ($97.78) target price on SAP SE and gave the stock a “buy” rating in a report on Thursday, October 6th. JPMorgan Chase & Co. set a €95.00 ($105.56) target price on SAP SE and gave the stock a “buy” rating in a report on Wednesday, October 5th. HSBC set a €93.00 ($103.33) target price on SAP SE and gave the stock a “buy” rating in a report on Tuesday, October 4th. Baader Bank set a €85.00 ($94.44) target price on SAP SE and gave the stock a “buy” rating in a report on Monday, October 3rd. Finally, BNP Paribas set a €66.00 ($73.33) target price on SAP SE and gave the stock a “sell” rating in a report on Wednesday, September 21st. Three analysts have rated the stock with a sell rating, three have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. SAP SE currently has a consensus rating of “Buy” and a consensus target price of €83.34 ($92.60).

Shares of SAP SE (ETR:SAP) opened at 79.482 on Tuesday. SAP SE has a 12-month low of €63.00 and a 12-month high of €82.57. The stock has a market capitalization of €95.24 billion and a price-to-earnings ratio of 26.699. The company has a 50-day moving average of €79.75 and a 200 day moving average of €73.59.

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