RIB Software SE (RIB) Receives Average Rating of “Buy” from Analysts
RIB Software SE (ETR:RIB) has earned a consensus rating of “Buy” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is €17.32 ($20.38).
A number of brokerages have commented on RIB. Kepler Capital Markets set a €22.00 ($25.88) price objective on shares of RIB Software SE and gave the stock a “buy” rating in a report on Thursday. UBS AG set a €15.10 ($17.76) price objective on shares of RIB Software SE and gave the stock a “neutral” rating in a report on Friday, October 6th. Berenberg Bank set a €17.00 ($20.00) price objective on shares of RIB Software SE and gave the stock a “buy” rating in a report on Friday, September 1st. Warburg Research reissued a “buy” rating on shares of RIB Software SE in a report on Wednesday, August 23rd. Finally, Hauck & Aufhaeuser set a €16.00 ($18.82) price objective on shares of RIB Software SE and gave the stock a “buy” rating in a report on Monday, July 31st.
COPYRIGHT VIOLATION NOTICE: “RIB Software SE (RIB) Receives Average Rating of “Buy” from Analysts” was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/10/12/rib-software-se-rib-receives-average-rating-of-buy-from-analysts.html.
Shares of RIB Software SE (RIB) traded up 6.11% during mid-day trading on Thursday, hitting €19.79. 3,763 shares of the stock were exchanged. The company’s 50-day moving average is €16.92 and its 200-day moving average is €14.92. The firm has a market cap of €946.18 million and a price-to-earnings ratio of 40.39. RIB Software SE has a 1-year low of €10.96 and a 1-year high of €19.88.
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.