Nemetschek SE (NEM) Given Average Rating of “Hold” by Brokerages

Nemetschek SE (ETR:NEM) has earned an average recommendation of “Hold” from the eight ratings firms that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is €68.50 ($84.57).

NEM has been the topic of several recent analyst reports. Warburg Research set a €83.00 ($102.47) price target on shares of Nemetschek and gave the company a “neutral” rating in a report on Thursday, October 19th. Hauck & Aufhaeuser set a €76.00 ($93.83) price target on shares of Nemetschek and gave the company a “neutral” rating in a report on Thursday, December 7th. Berenberg Bank set a €70.00 ($86.42) target price on shares of Nemetschek and gave the stock a “neutral” rating in a report on Friday, October 27th. Commerzbank set a €86.00 ($106.17) target price on shares of Nemetschek and gave the stock a “neutral” rating in a report on Wednesday, November 29th. Finally, Kepler Capital Markets set a €69.00 ($85.19) target price on shares of Nemetschek and gave the stock a “neutral” rating in a report on Friday, October 27th.

Shares of Nemetschek (ETR NEM) opened at €72.40 ($89.38) on Friday. The stock has a market cap of $2,790.00 and a price-to-earnings ratio of 52.09. Nemetschek has a twelve month low of €48.10 ($59.38) and a twelve month high of €85.00 ($104.94).

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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.

Analyst Recommendations for Nemetschek (ETR:NEM)

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