RIB Software (ETR:RIB) has been assigned a €32.00 ($38.10) target price by research analysts at Warburg Research in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Warburg Research’s target price would suggest a potential upside of 15.86% from the company’s previous close.
RIB has been the subject of a number of other research reports. Berenberg Bank set a €21.30 ($25.36) target price on RIB Software and gave the stock a “neutral” rating in a research note on Monday, November 6th. equinet set a €16.50 ($19.64) price objective on RIB Software and gave the company a “buy” rating in a research note on Monday, October 30th. UBS Group set a €15.10 ($17.98) price objective on RIB Software and gave the company a “neutral” rating in a research note on Monday, October 30th. Kepler Capital Markets set a €22.00 ($26.19) price objective on RIB Software and gave the company a “buy” rating in a research note on Thursday, October 12th. Finally, Hauck & Aufhaeuser set a €21.50 ($25.60) price objective on RIB Software and gave the company a “neutral” rating in a research note on Wednesday, November 1st. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. RIB Software presently has an average rating of “Buy” and a consensus target price of €23.57 ($28.06).
Shares of RIB Software (ETR:RIB) opened at €27.62 ($32.88) on Wednesday. The stock has a market capitalization of $1,290.00 and a price-to-earnings ratio of 50.22. RIB Software has a 52-week low of €11.40 ($13.57) and a 52-week high of €27.72 ($33.00).
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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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