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

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

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

RIB Software (ETR:RIB) opened at €27.56 ($32.81) on Wednesday. RIB Software has a 52-week low of €11.40 ($13.57) and a 52-week high of €27.98 ($33.31). The stock has a market cap of $1,290.00 and a PE 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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