RIB Software SE (RIB) Given a €17.00 Price Target by Berenberg Bank Analysts
RIB Software SE (ETR:RIB) has been given a €17.00 ($20.24) price target by investment analysts at Berenberg Bank in a report issued on Friday. The firm currently has a “buy” rating on the stock.
Several other analysts have also recently commented on RIB. Hauck & Aufhaeuser set a €16.00 ($19.05) price objective on shares of RIB Software SE and gave the company a “buy” rating in a research note on Saturday, May 20th. Kepler Capital Markets set a €18.00 ($21.43) price objective on shares of RIB Software SE and gave the company a “buy” rating in a research note on Wednesday, June 21st. equinet AG set a €16.50 ($19.64) price objective on shares of RIB Software SE and gave the company a “buy” rating in a research note on Wednesday, June 21st. UBS AG set a €12.60 ($15.00) price objective on shares of RIB Software SE and gave the company a “neutral” rating in a research note on Monday, July 31st. Finally, Warburg Research restated a “buy” rating on shares of RIB Software SE in a research note on Wednesday, August 23rd. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of €16.02 ($19.07).
Shares of RIB Software SE (ETR:RIB) opened at 15.816 on Friday. The firm’s 50-day moving average is €15.00 and its 200-day moving average is €13.93. RIB Software SE has a one year low of €9.18 and a one year high of €16.46. The stock has a market capitalization of €756.18 million and a PE ratio of 32.278.
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About RIB Software SE
RIB Software SE designs, develops, and sells software solutions for the construction industry worldwide. Its solutions include iTWO, a software eco-system that helps digitalize enterprises in the building and construction industries; RIBTEC, an integrated software that allows structural member design and CAD/FEM-applications at the same time for structural and soil engineering, as well as for tunnel and bridge constructions; and RIB STRATIS, a software solution for the design, quantity calculation, execution, invoicing, and inventory management in road building, civil engineering, and surveying sectors.
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