Nemetschek (NEM) Given a €126.00 Price Target at Berenberg Bank
Berenberg Bank set a €126.00 ($146.51) target price on Nemetschek (ETR:NEM) in a research report report published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other equities research analysts also recently issued research reports about the stock. Kepler Capital Markets set a €85.00 ($98.84) target price on shares of Nemetschek and gave the company a sell rating in a research note on Friday, March 29th. Hauck & Aufhaeuser set a €137.00 ($159.30) target price on shares of Nemetschek and gave the company a neutral rating in a research note on Thursday, March 14th. Baader Bank set a €157.00 ($182.56) target price on shares of Nemetschek and gave the company a neutral rating in a research note on Monday, April 1st. Finally, Warburg Research set a €145.00 ($168.60) target price on shares of Nemetschek and gave the company a neutral rating in a research note on Thursday, April 11th. Two equities research analysts have rated the stock with a sell rating and six have given a hold rating to the stock. Nemetschek currently has a consensus rating of Hold and a consensus price target of €116.75 ($135.76).
Shares of ETR:NEM opened at €158.70 ($184.53) on Tuesday. Nemetschek has a 52 week low of €89.70 ($104.30) and a 52 week high of €156.40 ($181.86). The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 52.34. The company has a market capitalization of $6.10 billion and a price-to-earnings ratio of 79.91.
Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets worldwide. It operates through four segments: Design, Build, Manage, and Media & Entertainment. The Design segment offers software solutions primarily under the Allplan, Data Design System, dRofus, Frilo, Graphisoft, Precast, RISA, SCIA, and Vectorworks brands for architects, civil engineers, structural designers, design planners, and landscape architects.
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