Kepler Capital Markets Reiterates €22.00 Price Target for RIB Software SE (RIB)
RIB Software SE (ETR:RIB) received a €22.00 ($25.88) target price from research analysts at Kepler Capital Markets in a research report issued on Monday. The brokerage presently has a “buy” rating on the stock.
A number of other research analysts have also recently commented on RIB. equinet AG set a €16.50 ($19.41) price target on shares of RIB Software SE and gave the company a “buy” rating in a research report on Monday, July 31st. Hauck & Aufhaeuser set a €16.00 ($18.82) price target on shares of RIB Software SE and gave the company a “buy” rating in a research report on Monday, July 31st. UBS AG set a €12.60 ($14.82) price target on shares of RIB Software SE and gave the company a “neutral” rating in a research report on Monday, July 31st. Warburg Research reiterated a “buy” rating on shares of RIB Software SE in a research report on Wednesday, August 23rd. Finally, Berenberg Bank set a €17.00 ($20.00) price target on shares of RIB Software SE and gave the company a “buy” rating in a research report on Wednesday, August 23rd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €17.32 ($20.38).
RIB Software SE (ETR RIB) traded up 4.992% during midday trading on Monday, reaching €21.095. 9,756 shares of the company traded hands. The stock’s 50 day moving average is €18.17 and its 200 day moving average is €15.48. RIB Software SE has a one year low of €11.42 and a one year high of €21.50. The company has a market capitalization of €1.01 billion and a price-to-earnings ratio of 43.051.
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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