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).
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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.
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