RIB Software (RIB) Given a €32.00 Price Target by Warburg Research Analysts

Warburg Research set a €32.00 ($38.10) price target on RIB Software (ETR:RIB) in a research report released on Wednesday. The brokerage currently has a buy rating on the stock.

RIB has been the subject of several other research reports. Berenberg Bank set a €21.30 ($25.36) price objective on shares of RIB Software and gave the stock a neutral rating in a research report on Monday, November 6th. equinet set a €16.50 ($19.64) price objective on shares of RIB Software and gave the stock a buy rating in a research report on Monday, October 30th. UBS Group set a €15.10 ($17.98) price objective on shares of RIB Software and gave the stock a neutral rating in a research report on Monday, October 30th. Kepler Capital Markets set a €22.00 ($26.19) price objective on shares of RIB Software and gave the stock a buy rating in a research report on Thursday, October 12th. Finally, Hauck & Aufhaeuser set a €21.50 ($25.60) price objective on shares of RIB Software and gave the stock a neutral rating in a research report on Wednesday, November 1st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of €23.57 ($28.06).

Shares of RIB Software (ETR RIB) opened at €27.56 ($32.81) on Wednesday. RIB Software has a 12-month low of €11.40 ($13.57) and a 12-month high of €27.98 ($33.31). The stock has a market cap of $1,290.00 and a price-to-earnings ratio of 50.11.

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RIB Software Company Profile

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.

Analyst Recommendations for RIB Software (ETR:RIB)

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