RIB Software SE (RIB) Receives Average Rating of “Buy” from Brokerages

Shares of RIB Software SE (ETR:RIB) have been assigned an average rating of “Buy” from the six brokerages that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is €16.02 ($19.07).

Several equities research analysts recently commented on RIB shares. Berenberg Bank set a €17.00 ($20.24) target price on shares of RIB Software SE and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. Hauck & Aufhaeuser set a €16.00 ($19.05) target price on shares of RIB Software SE and gave the stock a “buy” rating in a research report on Monday, May 29th. Kepler Capital Markets set a €18.00 ($21.43) target price on shares of RIB Software SE and gave the stock a “buy” rating in a research report on Wednesday, June 21st. UBS AG set a €12.60 ($15.00) target price on shares of RIB Software SE and gave the stock a “neutral” rating in a research report on Monday, July 31st. Finally, equinet AG set a €16.50 ($19.64) target price on shares of RIB Software SE and gave the stock a “buy” rating in a research report on Monday, July 31st.

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Shares of RIB Software SE (ETR:RIB) traded up 2.112% during trading on Friday, reaching €16.679. 1,060 shares of the company’s stock were exchanged. The company has a 50 day moving average price of €15.45 and a 200-day moving average price of €14.18. RIB Software SE has a 52-week low of €10.43 and a 52-week high of €16.68. The company has a market capitalization of €797.44 million and a PE ratio of 34.039.

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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