RIB Software SE (RIB) PT Set at €16.50 by equinet AG
RIB Software SE (ETR:RIB) has been given a €16.50 ($19.41) target price by equinet AG in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock.
Other analysts have also issued research reports about the stock. Warburg Research restated a “buy” rating on shares of RIB Software SE in a research note on Wednesday, August 23rd. Hauck & Aufhaeuser set a €16.00 ($18.82) price target on shares of RIB Software SE and gave the company a “buy” rating in a research note on Monday, July 31st. Kepler Capital Markets set a €22.00 ($25.88) price target on shares of RIB Software SE and gave the company a “buy” rating in a research note on Monday. Berenberg Bank set a €17.00 ($20.00) price target on shares of RIB Software SE and gave the company a “buy” rating in a research note on Friday, September 1st. Finally, UBS AG set a €12.60 ($14.82) price target on shares of RIB Software SE and gave the company a “neutral” rating in a research note on Monday, July 31st. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of €17.32 ($20.38).
RIB Software SE (ETR:RIB) opened at 21.077 on Monday. RIB Software SE has a one year low of €11.42 and a one year high of €21.50. The firm has a market cap of €1.01 billion and a PE ratio of 43.014. The company’s 50-day moving average is €18.49 and its 200 day moving average is €15.67.
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RIB Software SE Company Profile
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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