RIB Software (ETR:RIB) has been given a €40.00 ($46.51) target price by stock analysts at Berenberg Bank in a research note issued on Tuesday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 99.20% from the company’s previous close.
Other equities analysts have also recently issued reports about the company. equinet set a €25.00 ($29.07) price target on RIB Software and gave the stock a “buy” rating in a report on Thursday, August 30th. UBS Group set a €17.80 ($20.70) price target on RIB Software and gave the stock a “sell” rating in a report on Friday, August 24th. Kepler Capital Markets set a €32.00 ($37.21) price target on RIB Software and gave the stock a “buy” rating in a report on Thursday, August 23rd. Finally, Warburg Research set a €18.50 ($21.51) price target on RIB Software and gave the stock a “neutral” rating in a report on Wednesday, August 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of €25.80 ($30.00).
Shares of RIB stock opened at €20.08 ($23.35) on Tuesday. RIB Software has a 1 year low of €11.43 ($13.29) and a 1 year high of €35.16 ($40.88).
RIB Software Company Profile
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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