Deutsche Bank Analysts Give Nemetschek (ETR:NEM) a €63.30 Price Target
Deutsche Bank set a €63.30 ($73.60) price target on Nemetschek (ETR:NEM) in a report published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also commented on the company. Hauck & Aufhaeuser set a €141.00 ($163.95) price target on Nemetschek and gave the company a neutral rating in a report on Tuesday, April 2nd. Warburg Research set a €145.00 ($168.60) target price on Nemetschek and gave the company a neutral rating in a research note on Tuesday, April 30th. Baader Bank set a €29.00 ($33.72) target price on Jenoptik and gave the company a neutral rating in a research note on Tuesday, July 2nd. Berenberg Bank reaffirmed a buy rating and set a GBX 715 ($9.34) target price on shares of in a research note on Wednesday, July 3rd. Finally, Kepler Capital Markets set a €36.00 ($41.86) target price on Hapag-Lloyd and gave the company a buy rating in a research note on Monday, May 6th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of €95.40 ($110.93).
Shares of NEM opened at €55.45 ($64.48) on Tuesday. The firm has a market capitalization of $6.40 billion and a price-to-earnings ratio of 80.36. The company has a debt-to-equity ratio of 99.05, a current ratio of 0.92 and a quick ratio of 0.84. Nemetschek has a one year low of €29.90 ($34.77) and a one year high of €57.95 ($67.38). The company’s fifty day simple moving average is €114.13.
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, Graphisoft, Precast, Vectorworks, SCIA, dRofus, Data Design System, Frilo, and RISA brands for architects, specialist planners, an dlandscape architects, as well as developers and general contractors.
Featured Story: What does the Producer Price Index (PPI) tell investors?
Receive News & Ratings for Nemetschek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nemetschek and related companies with MarketBeat.com's FREE daily email newsletter.