Today The SAP SE (SAP) PT Set at €93.00 by Citigroup Inc.

Today The SAP SE (SAP) PT Set at €93.00 by Citigroup Inc.

SAP SE (ETR:SAP) received a €93.00 ($100.00) price objective from stock analysts at Citigroup Inc. in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a €100.00 ($107.53) target price on shares of SAP SE and gave the company a “buy” rating in a research note on Friday, December 16th. Commerzbank Ag set a €95.00 ($102.15) target price on shares of SAP SE and gave the company a “buy” rating in a research note on Tuesday, October 18th. BNP Paribas set a €75.00 ($80.65) target price on shares of SAP SE and gave the company a “sell” rating in a research note on Monday, October 24th. Credit Suisse Group set a €90.00 ($96.77) target price on shares of SAP SE and gave the company a “buy” rating in a research note on Monday, December 5th. Finally, Barclays PLC set a €95.00 ($102.15) target price on shares of SAP SE and gave the company a “buy” rating in a research note on Thursday, January 5th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and fifteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of €90.20 ($96.99).

Shares of SAP SE (ETR:SAP) traded up 0.916% during midday trading on Wednesday, reaching €84.622. 8,274 shares of the company’s stock were exchanged. The stock’s 50 day moving average is €82.16 and its 200-day moving average is €79.29. SAP SE has a 12-month low of €63.00 and a 12-month high of €84.75. The stock has a market cap of €101.38 billion and a PE ratio of 29.839.

SAP SE Company Profile

SAP SE (SAP), formerly SAP AG, is engaged in business application and analytics software. The Company is also engaged in digital commerce and is an enterprise cloud company. Its segments include Applications, Technology & Services segment, which is engaged in the sale of software licenses, subscriptions to its cloud applications, and related services (mainly support services and various professional services and premium support services, as well as implementation services of its software products and education services on the use of its products), and SAP Business Network Segment, which includes a network of networks, which covers sourcing, procurement, and travel and expenses.

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