Kepler Capital Markets set a €21.00 ($24.42) price target on RIB Software (ETR:RIB) in a research report released on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research analysts also recently issued reports on RIB. Berenberg Bank set a €26.00 ($30.23) price target on RIB Software and gave the company a buy rating in a report on Monday, January 6th. Warburg Research set a €22.00 ($25.58) price target on RIB Software and gave the company a neutral rating in a report on Wednesday, January 8th.
Shares of ETR:RIB traded down €0.02 ($0.02) on Thursday, reaching €29.00 ($33.72). The company had a trading volume of 3,069,202 shares, compared to its average volume of 318,804. RIB Software has a 52-week low of €11.62 ($13.51) and a 52-week high of €25.84 ($30.05). The firm’s 50 day simple moving average is €20.19 and its 200-day simple moving average is €21.07. The firm has a market capitalization of $1.43 billion and a PE ratio of 83.09. The company has a current ratio of 2.40, a quick ratio of 2.25 and a debt-to-equity ratio of 3.65.
About RIB Software
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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