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Analysts’ Top Technology Picks: SAP SE (GB:0NW4), GB Group plc (GB:GBG)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on SAP SE (GB:0NW4Research Report), GB Group plc (GB:GBGResearch Report) and Soitec SA (GB:0RMTResearch Report) with bullish sentiments.

SAP SE (GB:0NW4)

Goldman Sachs analyst Mohammed Moawalla maintained a Buy rating on SAP SE yesterday and set a price target of EUR210.00. The company’s shares closed yesterday at EUR174.42.

According to TipRanks.com, Moawalla is a 4-star analyst with an average return of 8.2% and a 46.8% success rate. Moawalla covers the Technology sector, focusing on stocks such as Dassault Systemes SA, Temenos, and Adyen.

Currently, the analyst consensus on SAP SE is a Strong Buy with an average price target of EUR197.13, a 13.3% upside from current levels. In a report issued on April 8, UBS also maintained a Buy rating on the stock with a EUR191.00 price target.

See the top stocks recommended by analysts >>

GB Group plc (GB:GBG)

Jefferies analyst Charles Brennan maintained a Buy rating on GB Group plc yesterday and set a price target of p300.00. The company’s shares closed yesterday at p301.00.

According to TipRanks.com, Brennan is a 4-star analyst with an average return of 9.5% and a 63.0% success rate. Brennan covers the Technology sector, focusing on stocks such as Temenos, ams AG, and SAP AG.

Currently, the analyst consensus on GB Group plc is a Moderate Buy with an average price target of p300.00.

Soitec SA (GB:0RMT)

In a report issued on April 22, Trion Reid from Berenberg Bank maintained a Buy rating on Soitec SA, with a price target of EUR110.00. The company’s shares closed yesterday at EUR88.62.

Reid has an average return of 17.2% when recommending Soitec SA.

According to TipRanks.com, Reid is ranked #1825 out of 8794 analysts.

Soitec SA has an analyst consensus of Moderate Buy, with a price target consensus of EUR149.27, which is a 70.2% upside from current levels. In a report issued on April 16, Bernstein also maintained a Buy rating on the stock with a EUR165.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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