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.
COPYRIGHT VIOLATION NOTICE: “UBS Group Reiterates €19.25 Price Target for RIB Software (RIB)” was reported by American Banking News and is the property of of American Banking News. If you are reading this story on another site, it was illegally copied and reposted in violation of US and international copyright & trademark laws. The correct version of this story can be accessed at https://www.americanbankingnews.com/2018/01/29/ubs-group-reiterates-19-25-price-target-for-rib-software-rib.html.
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.