Shares of Nemetschek SE (ETR:NEM) have earned a consensus recommendation of “Hold” from the nine analysts that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is €107.67 ($125.19).
Several brokerages recently weighed in on NEM. Baader Bank set a €134.00 ($155.81) target price on Nemetschek and gave the stock a “buy” rating in a research report on Monday, February 4th. Kepler Capital Markets set a €85.00 ($98.84) target price on Nemetschek and gave the stock a “sell” rating in a research report on Tuesday, December 18th. equinet set a €105.00 ($122.09) target price on Nemetschek and gave the stock a “neutral” rating in a research report on Friday, November 30th. Commerzbank set a €118.00 ($137.21) target price on Nemetschek and gave the stock a “neutral” rating in a research report on Thursday, November 15th. Finally, Berenberg Bank set a €126.00 ($146.51) target price on Nemetschek and gave the stock a “neutral” rating in a research report on Wednesday, October 31st.
Shares of Nemetschek stock traded down €1.20 ($1.40) during trading hours on Friday, reaching €118.20 ($137.44). 80,741 shares of the company’s stock were exchanged, compared to its average volume of 49,484. Nemetschek has a 52-week low of €49.50 ($57.56) and a 52-week high of €90.40 ($105.12).
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.
Read More: How does a reverse stock split work?
Receive News & Ratings for Nemetschek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nemetschek and related companies with MarketBeat.com's FREE daily email newsletter.