Warburg Research set a €18.00 ($20.93) target price on RIB Software (ETR:RIB) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages have also issued reports on RIB. Kepler Capital Markets set a €14.00 ($16.28) target price on RIB Software and gave the company a buy rating in a research report on Tuesday, December 18th. Berenberg Bank set a €18.00 ($20.93) target price on RIB Software and gave the company a buy rating in a research report on Tuesday, April 9th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The company has a consensus rating of Buy and an average price target of €18.56 ($21.58).
Shares of ETR:RIB opened at €16.24 ($18.88) on Tuesday. RIB Software has a 1 year low of €8.88 ($10.33) and a 1 year high of €23.46 ($27.28). The company has a market cap of $822.23 million and a PE ratio of 53.77. The company has a debt-to-equity ratio of 1.20, a quick ratio of 6.12 and a current ratio of 6.27.
RIB Software Company Profile
RIB Software SE creates, develops, and sells software solutions for the construction enterprises and projects across various industries worldwide. Its solutions include iTWO Civil, a CAD software for highway, earthwork, and sewer construction; iTWO e-tendering platform that provides e-business and e-tendering solutions for construction and supply services; and RIBTEC, an integrated software that allows structural engineers in structural designing of building and ground engineering, finite element calculation, and tunnel and bridge construction, as well as drawing of formwork and reinforcement plans.
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