RIB Software (ETR:RIB) has been assigned a €40.00 ($49.38) price target by equities researchers at Berenberg Bank in a research report issued on Tuesday. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 75.28% from the company’s previous close.
A number of other research analysts also recently weighed in on RIB. UBS set a €19.25 ($23.77) price target on shares of RIB Software and gave the company a “sell” rating in a report on Friday, April 13th. equinet set a €25.00 ($30.86) price target on shares of RIB Software and gave the company a “buy” rating in a report on Wednesday, April 4th. Kepler Capital Markets set a €35.00 ($43.21) price target on shares of RIB Software and gave the company a “buy” rating in a report on Thursday, February 8th. Finally, Warburg Research set a €32.00 ($39.51) price target on shares of RIB Software and gave the company a “buy” rating in a report on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €26.54 ($32.77).
RIB Software stock opened at €22.82 ($28.17) on Tuesday. RIB Software has a 1-year low of €11.43 ($14.11) and a 1-year high of €35.16 ($43.41).
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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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