Berenberg Bank Reiterates “€144.00” Price Target for Nemetschek (NEM)

Nemetschek (ETR:NEM) has been given a €144.00 ($167.44) price target by equities researchers at Berenberg Bank in a note issued to investors on Wednesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price target indicates a potential downside of 5.20% from the company’s current price.

Several other equities analysts have also recently weighed in on NEM. Kepler Capital Markets set a €85.00 ($98.84) price objective on Nemetschek and gave the stock a “sell” rating in a research report on Tuesday. Warburg Research set a €145.00 ($168.60) price objective on Nemetschek and gave the stock a “neutral” rating in a research report on Tuesday. Baader Bank set a €157.00 ($182.56) price objective on Nemetschek and gave the stock a “neutral” rating in a research report on Tuesday. Finally, Hauck & Aufhaeuser set a €137.00 ($159.30) price objective on Nemetschek and gave the stock a “neutral” rating in a research report on Thursday, March 14th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. Nemetschek currently has a consensus rating of “Hold” and a consensus price target of €126.89 ($147.55).

Shares of ETR:NEM opened at €151.90 ($176.63) on Wednesday. Nemetschek has a fifty-two week low of €89.70 ($104.30) and a fifty-two week high of €170.00 ($197.67). The stock has a market capitalization of $5.85 billion and a price-to-earnings ratio of 76.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 52.34.

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, Graphisoft, Precast, Vectorworks, SCIA, dRofus, Data Design System, Frilo, and RISA brands for architects, specialist planners, an dlandscape architects, as well as developers and general contractors.

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Analyst Recommendations for Nemetschek (ETR:NEM)

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