RIB Software SE (ETR:RIB) received a €16.50 ($19.41) price target from research analysts at equinet AG in a research note issued on Monday. The brokerage presently has a “buy” rating on the stock.
Several other research analysts have also weighed in on RIB. Hauck & Aufhaeuser set a €16.00 ($18.82) target price on shares of RIB Software SE and gave the stock a “buy” rating in a research report on Monday, July 31st. UBS AG set a €12.60 ($14.82) target price on shares of RIB Software SE and gave the stock a “neutral” rating in a research report on Monday, July 31st. Warburg Research restated a “buy” rating on shares of RIB Software SE in a research report on Wednesday, August 23rd. Berenberg Bank set a €17.00 ($20.00) target price on shares of RIB Software SE and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. Finally, Kepler Capital Markets set a €22.00 ($25.88) target price on shares of RIB Software SE and gave the stock a “buy” rating in a research report on Thursday, October 12th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of €17.32 ($20.38).
Shares of RIB Software SE (ETR RIB) opened at 21.05 on Monday. The firm has a market capitalization of €1.01 billion and a PE ratio of 42.96. RIB Software SE has a 52-week low of €11.42 and a 52-week high of €21.50. The stock’s 50 day moving average price is €18.17 and its 200-day moving average price is €15.48.
About RIB Software SE
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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