UBS Group Reiterates €19.25 Price Target for RIB Software (RIB)

RIB Software (ETR:RIB) received a €19.25 ($22.92) price objective from stock analysts at UBS Group in a research report issued on Monday, www.boersen-zeitung.de reports. The firm presently has a “sell” rating on the stock. UBS Group’s price objective suggests a potential downside of 31.79% from the company’s previous close.

Several other analysts also recently issued reports on RIB. Kepler Capital Markets set a €22.00 ($26.19) price target on RIB Software and gave the stock a “buy” rating in a report on Thursday, October 12th. equinet set a €16.50 ($19.64) price target on RIB Software and gave the stock a “buy” rating in a report on Monday, October 30th. Hauck & Aufhaeuser set a €21.50 ($25.60) price target on RIB Software and gave the stock a “neutral” rating in a report on Wednesday, November 1st. Warburg Research set a €24.00 ($28.57) price target on RIB Software and gave the stock a “buy” rating in a report on Wednesday, November 1st. Finally, Berenberg Bank set a €21.30 ($25.36) price target on RIB Software and gave the stock a “neutral” rating in a report on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of €24.26 ($28.88).

RIB Software (ETR RIB) traded up €0.92 ($1.10) during trading hours on Monday, reaching €28.22 ($33.60). The company’s stock had a trading volume of 167,269 shares, compared to its average volume of 233,358. RIB Software has a 52 week low of €11.43 ($13.61) and a 52 week high of €28.78 ($34.26). The company has a market cap of $1,330.00 and a P/E ratio of 51.31.

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RIB Software Company Profile

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)

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