RIB Software SE (ETR:RIB) has been given a €21.30 ($24.77) target price by Berenberg Bank in a note issued to investors on Monday, November 6th. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s price target points to a potential upside of 15.14% from the company’s current price.
RIB has been the topic of a number of other reports. UBS AG set a €15.10 ($17.56) price target on RIB Software SE and gave the company a “neutral” rating in a research note on Monday, October 30th. Warburg Research set a €24.00 ($27.91) price target on RIB Software SE and gave the company a “buy” rating in a research note on Wednesday, November 1st. Hauck & Aufhaeuser set a €21.50 ($25.00) price objective on RIB Software SE and gave the stock a “neutral” rating in a report on Wednesday, November 1st. equinet AG set a €16.50 ($19.19) price objective on RIB Software SE and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, Kepler Capital Markets set a €22.00 ($25.58) price objective on RIB Software SE and gave the stock a “buy” rating in a report on Thursday, October 12th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of €20.07 ($23.33).
RIB Software SE (ETR RIB) opened at €18.50 ($21.51) on Monday. RIB Software SE has a 12 month low of €11.40 ($13.26) and a 12 month high of €21.50 ($25.00).
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About RIB Software SE
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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