Nemetschek (NEM) Given a €70.00 Price Target by Berenberg Bank Analysts
Nemetschek (ETR:NEM) has been assigned a €70.00 ($83.33) price objective by stock analysts at Berenberg Bank in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price target would indicate a potential downside of 7.77% from the company’s previous close.
A number of other research analysts have also issued reports on NEM. Baader Bank set a €65.00 ($77.38) target price on Nemetschek and gave the stock a “neutral” rating in a report on Friday, October 27th. Hauck & Aufhaeuser set a €74.50 ($88.69) target price on Nemetschek and gave the stock a “buy” rating in a report on Wednesday, September 13th. Kepler Capital Markets set a €69.00 ($82.14) target price on Nemetschek and gave the stock a “neutral” rating in a report on Friday, October 27th. Commerzbank set a €86.00 ($102.38) target price on Nemetschek and gave the stock a “neutral” rating in a report on Wednesday, November 29th. Finally, Warburg Research set a €83.00 ($98.81) target price on Nemetschek and gave the stock a “neutral” rating in a report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €70.86 ($84.35).
Shares of Nemetschek (ETR:NEM) remained flat at $€75.90 ($90.36) on Friday. The stock had a trading volume of 50,955 shares, compared to its average volume of 43,462. Nemetschek has a one year low of €47.03 ($55.99) and a one year high of €83.59 ($99.51).
Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets worldwide. It operates through four segments: Design, Build, Manage, and Media & Entertainment. The Design segment offers software solutions for architects, civil engineers, structural designers, in-house technicians, and technical and landscape planners.
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