RIB Software SE (RIB) Given Average Rating of “Buy” by Analysts
Shares of RIB Software SE (ETR:RIB) have been assigned a consensus recommendation of “Buy” from the six research firms that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is €20.07 ($23.89).
Several research analysts have recently commented on the company. Berenberg Bank set a €21.30 ($25.36) target price on RIB Software and gave the stock a “neutral” rating in a report on Monday, November 6th. Warburg Research reaffirmed a “buy” rating on shares of RIB Software in a report on Wednesday, August 23rd. Kepler Capital Markets set a €22.00 ($26.19) price objective on RIB Software and gave the stock a “buy” rating in a report on Monday, October 30th. UBS set a €15.10 ($17.98) price objective on RIB Software and gave the stock a “neutral” rating in a report on Friday, October 6th. Finally, Hauck & Aufhaeuser set a €21.50 ($25.60) price objective on RIB Software and gave the stock a “neutral” rating in a report on Wednesday, November 1st.
Shares of RIB Software (ETR RIB) traded down €0.01 ($0.01) on Friday, hitting €19.21 ($22.86). The stock had a trading volume of 152,146 shares, compared to its average volume of 246,872. RIB Software has a twelve month low of €11.40 ($13.57) and a twelve month high of €21.50 ($25.60).
About RIB Software
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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