RIB Software SE (RIB) Given a €21.30 Price Target at Berenberg Bank

RIB Software SE (ETR:RIB) has been given a €21.30 ($25.06) price objective by stock analysts at Berenberg Bank in a research report issued on Monday. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 6.21% from the stock’s previous close.

A number of other equities research analysts have also commented on the company. equinet AG set a €16.50 ($19.41) price objective on 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) price target on RIB Software SE and gave the stock a “neutral” rating in a research note on Monday, July 31st. Warburg Research reaffirmed a “buy” rating on shares of RIB Software SE in a research note on Wednesday, August 23rd. Kepler Capital Markets set a €22.00 ($25.88) price target on RIB Software SE and gave the stock a “buy” rating in a research note on Thursday, October 12th. Finally, Hauck & Aufhaeuser set a €16.00 ($18.82) price target on RIB Software SE and gave the stock a “buy” rating in a research note on Monday, July 31st. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of €20.07 ($23.61).

Shares of RIB Software SE (RIB) opened at €20.06 ($23.59) on Monday. RIB Software SE has a 1 year low of €11.40 ($13.41) and a 1 year high of €21.50 ($25.29).

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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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