RIB Software (ETR:RIB) has been assigned a €22.00 ($27.16) target price by equities research analysts at Warburg Research in a research note issued on Friday. The firm currently has a “sell” rating on the stock. Warburg Research’s price objective would indicate a potential downside of 17.23% from the stock’s current price.
RIB has been the subject of a number of other reports. Kepler Capital Markets set a €35.00 ($43.21) target price on shares of RIB Software and gave the company a “buy” rating in a report on Monday. Berenberg Bank set a €28.00 ($34.57) price objective on shares of RIB Software and gave the stock a “buy” rating in a research note on Friday, February 16th. Finally, UBS set a €19.25 ($23.77) price objective on shares of RIB Software and gave the stock a “sell” rating in a research note on Monday, January 29th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of €25.71 ($31.74).
Shares of RIB Software (RIB) opened at €26.58 ($32.81) on Friday. RIB Software has a twelve month low of €11.43 ($14.11) and a twelve month high of €35.16 ($43.41). The stock has a market cap of $1,620.00 and a P/E ratio of 48.33.
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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.
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