RIB Software SE (RIB) Receives Average Rating of “Hold” from Analysts

RIB Software SE (ETR:RIB) has been given a consensus rating of “Hold” by the six research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is €25.80 ($30.00).

A number of equities research analysts have recently issued reports on the company. Warburg Research set a €18.50 ($21.51) price objective on RIB Software and gave the stock a “neutral” rating in a report on Wednesday, August 1st. UBS Group set a €17.80 ($20.70) price objective on RIB Software and gave the stock a “sell” rating in a report on Friday, August 24th. equinet set a €25.00 ($29.07) price objective on RIB Software and gave the stock a “buy” rating in a report on Thursday, August 30th. Kepler Capital Markets set a €32.00 ($37.21) price objective on RIB Software and gave the stock a “buy” rating in a report on Friday, September 7th. Finally, Berenberg Bank set a €40.00 ($46.51) price objective on RIB Software and gave the stock a “buy” rating in a report on Tuesday, September 4th.

Shares of ETR:RIB traded down €0.57 ($0.66) during trading on Thursday, reaching €18.26 ($21.23). 168,315 shares of the stock were exchanged, compared to its average volume of 318,804. RIB Software has a 12 month low of €11.43 ($13.29) and a 12 month high of €35.16 ($40.88).

RIB Software Company Profile

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.

Further Reading: Are analyst ratings accurate?

Analyst Recommendations for RIB Software (ETR:RIB)

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