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).
COPYRIGHT VIOLATION WARNING: This story was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright laws. The original version of this story can be viewed at https://ledgergazette.com/2017/11/13/warburg-research-analysts-give-rib-software-se-rib-a-24-00-price-target.html.
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.
Receive News & Ratings for RIB Software SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RIB Software SE and related companies with MarketBeat.com's FREE daily email newsletter.