Warburg Research set a €32.00 ($39.51) target price on RIB Software (ETR:RIB) in a report issued on Monday, January 29th. The brokerage currently has a buy rating on the stock.
Other research analysts have also issued research reports about the stock. Kepler Capital Markets set a €22.00 ($27.16) price objective on shares of RIB Software and gave the stock a buy rating in a research note on Monday, October 30th. equinet set a €16.50 ($20.37) price objective on shares of RIB Software and gave the stock a buy rating in a research note on Monday, October 30th. Berenberg Bank set a €21.30 ($26.30) price objective on shares of RIB Software and gave the stock a neutral rating in a research note on Tuesday, December 19th. Hauck & Aufhaeuser set a €21.50 ($26.54) price target on shares of RIB Software and gave the stock a neutral rating in a report on Wednesday, November 1st. Finally, UBS Group set a €15.10 ($18.64) price target on shares of RIB Software and gave the stock a neutral rating in a report on Monday, October 30th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of €24.26 ($29.95).
Shares of RIB Software (ETR:RIB) opened at €24.90 ($30.74) on Monday. The firm has a market cap of $1,170.00 and a P/E ratio of 45.27. RIB Software has a 52-week low of €11.43 ($14.11) and a 52-week high of €28.70 ($35.43).
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RIB Software 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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