RIB Software (ETR:RIB) has been given a €17.80 ($20.70) price objective by stock analysts at UBS Group in a report issued on Wednesday, www.boersen-zeitung.de reports. The firm presently has a “sell” rating on the stock. UBS Group’s price objective points to a potential upside of 24.91% from the company’s current price.
A number of other brokerages have also recently issued reports on RIB. Warburg Research set a €18.50 ($21.51) target price on RIB Software and gave the stock a “neutral” rating in a report on Wednesday, August 1st. Berenberg Bank set a €40.00 ($46.51) target price on RIB Software and gave the stock a “buy” rating in a report on Tuesday, September 4th. Kepler Capital Markets set a €32.00 ($37.21) target price on RIB Software and gave the stock a “buy” rating in a report on Friday, September 7th. Finally, equinet set a €25.00 ($29.07) target price on RIB Software and gave the stock a “buy” rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. RIB Software currently has a consensus rating of “Hold” and an average price target of €25.80 ($30.00).
Shares of RIB opened at €14.25 ($16.57) on Wednesday. RIB Software has a 1 year low of €11.43 ($13.29) and a 1 year high of €35.16 ($40.88).
RIB Software SE creates, 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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