Brokerages Set Nemetschek (NEM) Target Price at $71.44

Shares of Nemetschek (ETR:NEM) have received an average recommendation of “Hold” from the nine ratings firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and seven have issued a hold recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is €71.44 ($85.05).

NEM has been the subject of a number of analyst reports. Baader Bank set a €73.00 ($86.90) price objective on shares of Nemetschek and gave the company a “neutral” rating in a report on Thursday, March 29th. Oddo Bhf set a €57.00 ($67.86) price objective on shares of Nemetschek and gave the company a “sell” rating in a report on Tuesday, February 6th. Commerzbank set a €81.00 ($96.43) price objective on shares of Nemetschek and gave the company a “neutral” rating in a report on Wednesday, February 7th. Berenberg Bank set a €70.00 ($83.33) price objective on shares of Nemetschek and gave the company a “neutral” rating in a report on Tuesday, January 30th. Finally, Warburg Research set a €83.00 ($98.81) price objective on shares of Nemetschek and gave the company a “neutral” rating in a report on Tuesday, January 30th.

Shares of ETR NEM traded up €0.35 ($0.42) during mid-day trading on Monday, reaching €98.05 ($116.73). 51,951 shares of the company’s stock traded hands, compared to its average volume of 49,484. Nemetschek has a 1-year low of €49.50 ($58.93) and a 1-year high of €90.40 ($107.62).

Nemetschek Company Profile

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 primarily under the Allplan, Data Design System, dRofus, Frilo, Graphisoft, Precast, RISA, SCIA, and Vectorworks brands for architects, civil engineers, structural designers, design planners, and landscape architects.

Analyst Recommendations for Nemetschek (ETR:NEM)

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