UBS set a €19.25 ($23.77) price target on RIB Software (ETR:RIB) in a research report released on Friday morning, www.boersen-zeitung.de reports. The firm currently has a sell rating on the stock.
RIB has been the subject of a number of other reports. equinet set a €25.00 ($30.86) price target on shares of RIB Software and gave the company a buy rating in a research report on Wednesday, April 4th. Kepler Capital Markets set a €35.00 ($43.21) price target on shares of RIB Software and gave the company a buy rating in a research report on Thursday, February 8th. Warburg Research set a €32.00 ($39.51) price target on shares of RIB Software and gave the company a buy rating in a research report on Monday, January 29th. Finally, Berenberg Bank set a €40.00 ($49.38) price target on shares of RIB Software and gave the company a buy rating in a research report on Wednesday, April 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €26.54 ($32.77).
Shares of ETR:RIB traded up €1.11 ($1.37) during trading on Friday, reaching €20.82 ($25.70). 760,100 shares of the stock were exchanged, compared to its average volume of 318,804. RIB Software has a 12 month low of €11.43 ($14.11) and a 12 month high of €35.16 ($43.41).
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About RIB Software
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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