RIB Software (RIB) Given a €32.00 Price Target by Kepler Capital Markets Analysts
RIB Software (ETR:RIB) has been given a €32.00 ($37.21) target price by investment analysts at Kepler Capital Markets in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ price objective would indicate a potential upside of 62.68% from the company’s previous close.
A number of other analysts also recently weighed in on the stock. Berenberg Bank set a €40.00 ($46.51) target price on shares of RIB Software and gave the stock a “buy” rating in a research report on Wednesday, August 1st. UBS Group set a €18.50 ($21.51) target price on shares of RIB Software and gave the stock a “sell” rating in a research report on Tuesday, July 31st. Warburg Research set a €18.50 ($21.51) target price on shares of RIB Software and gave the stock a “neutral” rating in a research report on Wednesday, August 1st. Finally, equinet set a €25.00 ($29.07) target price on shares of RIB Software and gave the stock a “buy” rating in a research report on Thursday, August 30th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of €25.80 ($30.00).
ETR:RIB opened at €19.67 ($22.87) on Friday. RIB Software has a 1-year low of €11.43 ($13.29) and a 1-year high of €35.16 ($40.88).
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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