RIB Software SE (ETR:RIB) has been given a consensus recommendation of “Buy” by the six research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is €16.02 ($18.85).
A number of brokerages have recently weighed in on RIB. Berenberg Bank set a €17.00 ($20.00) price target on shares of RIB Software SE and gave the stock a “buy” rating in a research note on Wednesday. Hauck & Aufhaeuser set a €16.00 ($18.82) price target on shares of RIB Software SE and gave the stock a “buy” rating in a research note on Monday, July 31st. Warburg Research reaffirmed a “buy” rating on shares of RIB Software SE in a research note on Wednesday. UBS AG set a €12.60 ($14.82) price target on shares of RIB Software SE and gave the stock a “neutral” rating in a research note on Monday, July 31st. Finally, Kepler Capital Markets set a €18.00 ($21.18) price target on shares of RIB Software SE and gave the stock a “buy” rating in a research note on Wednesday, June 21st.
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Shares of RIB Software SE (ETR RIB) traded down 0.46% during trading on Wednesday, hitting €16.13. The stock had a trading volume of 360 shares. RIB Software SE has a 12-month low of €9.18 and a 12-month high of €16.39. The stock has a market cap of €771.19 million and a price-to-earnings ratio of 32.92. The stock’s 50-day moving average is €14.84 and its 200-day moving average is €13.81.
RIB Software SE 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.
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