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).
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.
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.