Several brokerages have updated their recommendations and price targets on shares of RIB Software (ETR: RIB) in the last few weeks:

  • 8/13/2019 – RIB Software was given a new €22.50 ($26.16) price target on by analysts at Berenberg Bank. They now have a “buy” rating on the stock.
  • 8/6/2019 – RIB Software was given a new €23.00 ($26.74) price target on by analysts at Warburg Research. They now have a “buy” rating on the stock.
  • 8/1/2019 – RIB Software was given a new €22.50 ($26.16) price target on by analysts at Berenberg Bank. They now have a “buy” rating on the stock.
  • 7/31/2019 – RIB Software was given a new €18.00 ($20.93) price target on by analysts at Warburg Research. They now have a “buy” rating on the stock.
  • 7/3/2019 – RIB Software was given a new €20.00 ($23.26) price target on by analysts at Berenberg Bank. They now have a “buy” rating on the stock.

RIB stock traded down €0.20 ($0.23) during mid-day trading on Thursday, hitting €17.89 ($20.80). The company had a trading volume of 290,439 shares, compared to its average volume of 318,804. The company has a market capitalization of $911.01 million and a P/E ratio of 48.09. RIB Software SE has a 12-month low of €8.88 ($10.33) and a 12-month high of €22.40 ($26.05). The company has a quick ratio of 2.88, a current ratio of 3.02 and a debt-to-equity ratio of 3.55. The firm’s 50-day moving average price is €18.15.

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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