RIB Software (RIB) Given a €32.00 Price Target at Warburg Research

RIB Software (ETR:RIB) received a €32.00 ($38.10) price objective from equities researchers at Warburg Research in a report released on Wednesday. The brokerage currently has a “buy” rating on the stock. Warburg Research’s price objective suggests a potential upside of 20.30% from the company’s current price.

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

Shares of RIB Software (RIB) opened at €26.60 ($31.67) on Wednesday. RIB Software has a 52 week low of €11.40 ($13.57) and a 52 week high of €27.70 ($32.98). The stock has a market cap of $1,230.00 and a P/E ratio of 48.36.

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RIB Software Company Profile

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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