RIB Software (ETR:RIB) received a €35.00 ($43.21) price target from stock analysts at Kepler Capital Markets in a research report issued on Monday, February 26th. The firm presently has a “buy” rating on the stock. Kepler Capital Markets’ target price would indicate a potential upside of 0.57% from the company’s previous close.
A number of other analysts also recently weighed in on the stock. Berenberg Bank set a €21.30 ($26.30) target price on shares of RIB Software and gave the stock a “neutral” rating in a report on Friday, December 8th. Warburg Research set a €32.00 ($39.51) target price on shares of RIB Software and gave the stock a “buy” rating in a report on Monday, December 18th. Finally, UBS Group set a €19.25 ($23.77) target price on shares of RIB Software and gave the stock a “sell” rating in a report on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of €25.38 ($31.33).
RIB Software (ETR:RIB) traded up €0.58 ($0.72) during trading on Monday, hitting €34.80 ($42.96). 193,535 shares of the stock were exchanged, compared to its average volume of 316,814. RIB Software has a 12-month low of €11.43 ($14.11) and a 12-month high of €35.16 ($43.41). The company has a market cap of $1,630.00 and a P/E ratio of 63.27.
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.
Receive News & Ratings for RIB Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RIB Software and related companies with MarketBeat.com's FREE daily email newsletter.