RIB Software SE (ETR:RIB) has received a consensus recommendation of “Buy” from the six research firms that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is €20.07 ($23.61).
Several analysts recently issued reports on RIB shares. Berenberg Bank set a €17.00 ($20.00) price objective on RIB Software SE and gave the stock a “buy” rating in a report on Friday, September 1st. equinet AG set a €16.50 ($19.41) price objective on RIB Software SE and gave the stock a “buy” rating in a report on Monday, July 31st. UBS AG set a €12.60 ($14.82) price objective on RIB Software SE and gave the stock a “neutral” rating in a report on Monday, July 31st. Warburg Research reiterated a “buy” rating on shares of RIB Software SE in a report on Wednesday, August 23rd. Finally, Kepler Capital Markets set a €22.00 ($25.88) price objective on RIB Software SE and gave the stock a “buy” rating in a report on Thursday, October 12th.
Shares of RIB Software SE (ETR RIB) opened at €20.00 ($23.53) 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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