Nemetschek (NEM) PT Set at €70.00 by Berenberg Bank

Nemetschek (ETR:NEM) received a €70.00 ($83.33) price objective from analysts at Berenberg Bank in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s price objective would indicate a potential downside of 7.77% from the stock’s current price.

A number of other equities analysts have also weighed in on the stock. Baader Bank set a €65.00 ($77.38) target price on shares of Nemetschek and gave the stock a “neutral” rating in a research report on Friday, October 27th. Hauck & Aufhaeuser set a €74.50 ($88.69) target price on shares of Nemetschek and gave the stock a “buy” rating in a research report on Wednesday, September 13th. Kepler Capital Markets set a €69.00 ($82.14) price objective on shares of Nemetschek and gave the company a “neutral” rating in a research report on Friday, October 27th. Commerzbank set a €86.00 ($102.38) price objective on shares of Nemetschek and gave the company a “neutral” rating in a research report on Wednesday, November 29th. Finally, Warburg Research set a €83.00 ($98.81) price objective on shares of Nemetschek and gave the company a “neutral” rating in a research report on Thursday, October 19th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of €70.86 ($84.35).

Nemetschek (NEM) opened at €75.90 ($90.36) on Friday. Nemetschek has a 1 year low of €47.03 ($55.99) and a 1 year high of €83.59 ($99.51).

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About Nemetschek

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 for architects, civil engineers, structural designers, in-house technicians, and technical and landscape planners.

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