Nemetschek (NEM) PT Set at €70.00 by Berenberg Bank

Nemetschek (ETR:NEM) has been assigned a €70.00 ($83.33) price objective by stock analysts at Berenberg Bank in a note issued to investors on Tuesday, December 19th. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price target suggests a potential downside of 9.79% from the stock’s current price.

Several other equities research analysts have also issued reports on the stock. Commerzbank set a €86.00 ($102.38) target price on shares of Nemetschek and gave the stock a “neutral” rating in a report on Wednesday, November 29th. Hauck & Aufhaeuser set a €74.50 ($88.69) target price on shares of Nemetschek and gave the stock a “buy” rating in a report on Wednesday, September 13th. Baader Bank set a €65.00 ($77.38) price target on shares of Nemetschek and gave the stock a “neutral” rating in a research note on Friday, October 27th. Kepler Capital Markets set a €69.00 ($82.14) price target on shares of Nemetschek and gave the stock a “neutral” rating in a research note on Friday, October 27th. Finally, Warburg Research set a €83.00 ($98.81) target price on shares of Nemetschek and gave the company a “neutral” rating in a research report on Thursday, October 19th. One analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. The company currently has an average rating of “Hold” and an average price target of €70.86 ($84.35).

Nemetschek (ETR:NEM) traded down €0.60 ($0.71) during mid-day trading on Tuesday, reaching €77.60 ($92.38). 18,778 shares of the company’s stock traded hands, compared to its average volume of 38,802. The company has a market capitalization of $2,990.00 and a price-to-earnings ratio of 55.83. Nemetschek has a fifty-two week low of €47.03 ($55.99) and a fifty-two week high of €83.59 ($99.51).

TRADEMARK VIOLATION WARNING: This news story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international trademark and copyright law. The legal version of this news story can be accessed at https://www.dispatchtribunal.com/2018/01/13/berenberg-bank-analysts-give-nemetschek-nem-a-70-00-price-target.html.

About Nemetschek

Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets worldwide. It operates through four segments: Design, Build, Manage, and Media & Entertainment. The Design segment offers software solutions for architects, civil engineers, structural designers, in-house technicians, and technical and landscape planners.

Analyst Recommendations for Nemetschek (ETR:NEM)

Receive News & Ratings for Nemetschek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nemetschek and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply