RIB Software SE (RIB) Given Average Rating of “Buy” by Brokerages

RIB Software SE (ETR:RIB) has received a consensus rating of “Buy” from the six brokerages that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is €23.57 ($28.06).

Several brokerages have commented on RIB. Berenberg Bank set a €21.30 ($25.36) price target on shares of RIB Software and gave the company a “neutral” rating in a research note on Monday, November 6th. Kepler Capital Markets set a €22.00 ($26.19) price target on shares of RIB Software and gave the company a “buy” rating in a research note on Monday, October 30th. Warburg Research set a €32.00 ($38.10) price target on shares of RIB Software and gave the company a “buy” rating in a research note on Monday, December 18th. UBS Group set a €15.10 ($17.98) target price on shares of RIB Software and gave the stock a “neutral” rating in a research report on Friday, October 6th. Finally, Hauck & Aufhaeuser set a €21.50 ($25.60) target price on shares of RIB Software and gave the stock a “neutral” rating in a research report on Wednesday, November 1st.

Shares of RIB Software (RIB) traded up €0.52 ($0.62) during trading on Friday, reaching €27.48 ($32.71). 171,952 shares of the company’s stock traded hands, compared to its average volume of 249,481. The stock has a market capitalization of $1,290.00 and a price-to-earnings ratio of 49.96. RIB Software has a one year low of €11.40 ($13.57) and a one year high of €27.86 ($33.17).

COPYRIGHT VIOLATION NOTICE: “RIB Software SE (RIB) Given Average Rating of “Buy” by Brokerages” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/01/20/rib-software-se-rib-given-average-rating-of-buy-by-brokerages.html.

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.

Analyst Recommendations for RIB Software (ETR:RIB)

Receive News & Ratings for RIB Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RIB Software and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply