RIB Software SE (RIB) PT Set at €21.30 by Berenberg Bank
RIB Software SE (ETR:RIB) has been given a €21.30 ($24.77) target price by equities research analysts at Berenberg Bank in a report released on Monday. The brokerage currently has a “neutral” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 8.81% from the stock’s previous close.
A number of other research firms have also weighed in on RIB. Warburg Research set a €24.00 ($27.91) price objective on shares of RIB Software SE and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Hauck & Aufhaeuser set a €21.50 ($25.00) price target on shares of RIB Software SE and gave the stock a “neutral” rating in a report on Wednesday, November 1st. equinet AG set a €16.50 ($19.19) price target on shares of RIB Software SE and gave the stock a “buy” rating in a report on Monday, October 30th. Kepler Capital Markets set a €22.00 ($25.58) price target on shares of RIB Software SE and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, UBS AG set a €15.10 ($17.56) price target on shares of RIB Software SE and gave the stock a “neutral” rating in a report on Monday, October 30th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of €20.07 ($23.33).
Shares of RIB Software SE (ETR:RIB) opened at €19.58 ($22.76) on Monday. RIB Software SE has a 52 week low of €11.40 ($13.26) and a 52 week high of €21.50 ($25.00).
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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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