Nemetschek SE (NEM) Receives Average Rating of “Hold” from Analysts

Shares of Nemetschek SE (ETR:NEM) have been given an average rating of “Hold” by the seven brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is €70.86 ($84.35).

NEM has been the subject of a number of research analyst reports. Berenberg Bank set a €70.00 ($83.33) target price on Nemetschek and gave the company a “neutral” rating in a research note on Monday, November 20th. Hauck & Aufhaeuser set a €74.50 ($88.69) target price on Nemetschek and gave the company a “buy” rating in a research note on Wednesday, September 13th. Baader Bank set a €65.00 ($77.38) target price on Nemetschek and gave the company a “neutral” rating in a research note on Monday, October 16th. Commerzbank set a €86.00 ($102.38) target price on Nemetschek and gave the company a “neutral” rating in a research note on Wednesday, November 29th. Finally, Kepler Capital Markets set a €69.00 ($82.14) price target on Nemetschek and gave the company a “neutral” rating in a report on Friday, October 27th.

Nemetschek (NEM) opened at €73.77 ($87.82) on Friday. Nemetschek has a 1 year low of €47.03 ($55.99) and a 1 year high of €83.59 ($99.51).

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About Nemetschek

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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