RIB Software (RIB) PT Set at €32.00 by Warburg Research

RIB Software (ETR:RIB) has been assigned a €32.00 ($38.10) target price by Warburg Research in a note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Warburg Research’s price target would indicate a potential upside of 15.86% from the company’s current price.

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

Shares of RIB Software (ETR RIB) opened at €27.62 ($32.88) on Wednesday. RIB Software has a 12-month low of €11.40 ($13.57) and a 12-month high of €27.72 ($33.00). The company has a market capitalization of $1,290.00 and a PE ratio of 50.22.

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About RIB Software

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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