In a report released today, Raimo Lenschow from Barclays maintained a Buy rating on SAP AG (SAP – Research Report), with a price target of $210.00. The company’s shares closed yesterday at $188.01.
Lenschow covers the Technology sector, focusing on stocks such as Microsoft, Paycom, and Dynatrace. According to TipRanks, Lenschow has an average return of 2.5% and a 48.26% success rate on recommended stocks.
In addition to Barclays, SAP AG also received a Buy from Bank of America Securities’s Frederic Boulan in a report issued yesterday. However, on the same day, Oppenheimer maintained a Hold rating on SAP AG (NYSE: SAP).
SAP market cap is currently $218.6B and has a P/E ratio of 78.75.
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SAP AG (SAP) Company Description:
Founded in 1972, Germany-based SAP SE, engages in the provision of enterprise application software and software-related services. It operates through four segments, including Applications, Technology, & Support; Concur; Qualtrics; and Services.
