Nemetschek (ETR:NEM) has been assigned a €110.00 ($127.91) target price by stock analysts at Commerzbank in a report released on Friday, July 27th. The brokerage presently has a “neutral” rating on the stock. Commerzbank’s price target would indicate a potential downside of 12.49% from the company’s current price.
Several other research analysts have also recently commented on NEM. Kepler Capital Markets set a €69.00 ($80.23) target price on shares of Nemetschek and gave the stock a “neutral” rating in a report on Thursday, March 29th. Baader Bank set a €73.00 ($84.88) price target on shares of Nemetschek and gave the stock a “neutral” rating in a research report on Thursday, March 29th. Berenberg Bank set a €70.00 ($81.40) price target on shares of Nemetschek and gave the stock a “neutral” rating in a research report on Friday, March 30th. Finally, Main First Bank set a €87.00 ($101.16) price target on shares of Nemetschek and gave the stock a “neutral” rating in a research report on Wednesday, April 4th. One equities research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. Nemetschek currently has an average rating of “Hold” and a consensus price target of €95.13 ($110.61).
Shares of Nemetschek traded up €0.40 ($0.47), hitting €125.70 ($146.16), during trading hours on Friday, MarketBeat Ratings reports. 37,553 shares of the company’s stock traded hands, compared to its average volume of 49,484. Nemetschek has a 52 week low of €49.50 ($57.56) and a 52 week high of €90.40 ($105.12).
Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets worldwide. It operates through four segments: Design, Build, Manage, and Media & Entertainment. The Design segment offers software solutions primarily under the Allplan, Data Design System, dRofus, Frilo, Graphisoft, Precast, RISA, SCIA, and Vectorworks brands for architects, civil engineers, structural designers, design planners, and landscape architects.
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