Warburg Research Analysts Give RIB Software SE (ETR:RIB) a €24.00 Price Target

RIB Software SE (ETR:RIB) has been assigned a €24.00 ($27.91) target price by Warburg Research in a research report issued to clients and investors on Wednesday, November 1st. The brokerage presently has a “buy” rating on the stock. Warburg Research’s price objective indicates a potential upside of 27.29% from the company’s previous close.

RIB has been the topic of several other research reports. equinet AG set a €16.50 ($19.19) target price on shares of RIB Software SE and gave the stock a “buy” rating in a report on Monday, July 31st. Hauck & Aufhaeuser set a €16.00 ($18.60) price objective on RIB Software SE and gave the company a “buy” rating in a research report on Monday, July 31st. UBS AG set a €12.60 ($14.65) price target on RIB Software SE and gave the stock a “neutral” rating in a research report on Monday, July 31st. Berenberg Bank set a €17.00 ($19.77) target price on RIB Software SE and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. Finally, Kepler Capital Markets set a €22.00 ($25.58) price target on RIB Software SE and gave the company a “buy” rating in a research note on Thursday, October 12th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. RIB Software SE has an average rating of “Buy” and an average price target of €20.07 ($23.33).

Shares of RIB Software SE (ETR RIB) traded down €0.11 ($0.13) on Wednesday, hitting €18.86 ($21.92). The stock had a trading volume of 88,440 shares, compared to its average volume of 272,701. RIB Software SE has a twelve month low of €11.40 ($13.26) and a twelve month high of €21.50 ($25.00).

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About RIB Software SE

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 SE (ETR:RIB)

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