RIB Software SE (ETR:RIB) has received an average recommendation of “Buy” from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is €20.07 ($23.33).
A number of research firms have recently commented on RIB. Berenberg Bank set a €21.30 ($24.77) price target on shares of RIB Software SE and gave the stock a “neutral” rating in a report on Monday. equinet AG set a €16.50 ($19.19) price objective on shares of RIB Software SE and gave the stock a “buy” rating in a research note on Monday, October 30th. UBS AG set a €15.10 ($17.56) price objective on shares of RIB Software SE and gave the stock a “neutral” rating in a research note on Monday, October 30th. Kepler Capital Markets set a €22.00 ($25.58) price objective on shares of RIB Software SE and gave the stock a “buy” rating in a research note on Thursday, October 12th. Finally, Hauck & Aufhaeuser set a €21.50 ($25.00) price objective on shares of RIB Software SE and gave the stock a “neutral” rating in a research note on Wednesday, November 1st.
RIB Software SE (ETR RIB) traded down €0.42 ($0.49) during trading hours on Monday, reaching €18.67 ($21.71). 343,303 shares of the company were exchanged, compared to its average volume of 268,057. RIB Software SE has a 52 week low of €11.40 ($13.26) and a 52 week 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.
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