RIB Software (RIB) Given a €18.00 Price Target at Warburg Research
Warburg Research set a €18.00 ($20.93) price objective on RIB Software (ETR:RIB) in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages also recently weighed in on RIB. Kepler Capital Markets set a €14.00 ($16.28) target price on shares of RIB Software and gave the stock a buy rating in a report on Tuesday, December 18th. Berenberg Bank set a €18.00 ($20.93) price objective on shares of RIB Software and gave the company a buy rating in a report on Tuesday, April 9th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. RIB Software currently has a consensus rating of Buy and a consensus target price of €18.56 ($21.58).
Shares of RIB opened at €16.24 ($18.88) on Tuesday. The firm has a market cap of $811.73 million and a P/E ratio of 53.77. RIB Software has a 1-year low of €8.88 ($10.33) and a 1-year high of €23.46 ($27.28). The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.12 and a current ratio of 6.27.
RIB Software SE creates, develops, and sells software solutions for the construction enterprises and projects across various industries worldwide. Its solutions include iTWO Civil, a CAD software for highway, earthwork, and sewer construction; iTWO e-tendering platform that provides e-business and e-tendering solutions for construction and supply services; and RIBTEC, an integrated software that allows structural engineers in structural designing of building and ground engineering, finite element calculation, and tunnel and bridge construction, as well as drawing of formwork and reinforcement plans.
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