UBS AG Analysts Give RIB Software SE (RIB) a €15.10 Price Target
RIB Software SE (ETR:RIB) received a €15.10 ($17.76) price target from equities researchers at UBS AG in a research report issued on Friday, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the stock.
Several other brokerages have also recently issued reports on RIB. Warburg Research reaffirmed a “buy” rating on shares of RIB Software SE in a research report on Wednesday, August 23rd. Kepler Capital Markets set a €18.00 ($21.18) target price on RIB Software SE and gave the company a “buy” rating in a research report on Wednesday, June 21st. Berenberg Bank set a €17.00 ($20.00) target price on RIB Software SE and gave the company a “buy” rating in a research report on Friday, September 1st. Hauck & Aufhaeuser set a €16.00 ($18.82) target price on RIB Software SE and gave the company a “buy” rating in a research report on Monday, July 31st. Finally, equinet AG set a €16.50 ($19.41) target price on RIB Software SE and gave the company a “buy” rating in a research report on Monday, July 31st. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of €16.52 ($19.44).
Shares of RIB Software SE (ETR RIB) traded down 2.26% on Friday, reaching €18.35. The company’s stock had a trading volume of 3,595 shares. The firm has a 50-day moving average price of €16.61 and a 200 day moving average price of €14.74. RIB Software SE has a one year low of €10.96 and a one year high of €18.77. The firm has a market capitalization of €877.33 million and a PE ratio of 37.45.
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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