Nemetschek SE (NEM) Given a €70.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €70.00 ($82.35) price target on Nemetschek SE (ETR:NEM) in a research note released on Friday. The brokerage currently has a neutral rating on the stock.

Several other brokerages have also commented on NEM. Baader Bank set a €65.00 ($76.47) target price on Nemetschek SE and gave the company a neutral rating in a research report on Friday. Warburg Research set a €83.00 ($97.65) price target on Nemetschek SE and gave the stock a neutral rating in a research note on Thursday, October 19th. Hauck & Aufhaeuser set a €74.50 ($87.65) price target on Nemetschek SE and gave the stock a buy rating in a research note on Wednesday, September 13th. Kepler Capital Markets set a €66.00 ($77.65) price target on Nemetschek SE and gave the stock a neutral rating in a research note on Wednesday, August 2nd. Finally, equinet AG set a €47.00 ($55.29) price target on Nemetschek SE and gave the stock a sell rating in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of €68.08 ($80.10).

Shares of Nemetschek SE (ETR NEM) opened at 76.435 on Friday. The stock’s 50 day moving average price is €72.17 and its 200-day moving average price is €66.42. The firm has a market cap of €2.94 billion and a price-to-earnings ratio of 58.347. Nemetschek SE has a 52-week low of €46.95 and a 52-week high of €79.07.

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About Nemetschek SE

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 for architects, civil engineers, structural designers, in-house technicians, and technical and landscape planners.

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