RIB Software (ETR:RIB) received a €19.25 ($23.77) price objective from analysts at UBS in a note issued to investors on Friday. The brokerage presently has a “sell” rating on the stock. UBS’s price objective points to a potential downside of 19.19% from the stock’s previous close.
A number of other research analysts have also weighed in on RIB. Berenberg Bank set a €40.00 ($49.38) price objective on RIB Software and gave the stock a “buy” rating in a report on Monday, March 19th. Kepler Capital Markets set a €35.00 ($43.21) price objective on RIB Software and gave the stock a “buy” rating in a report on Thursday, February 8th. Finally, Warburg Research set a €32.00 ($39.51) price objective on RIB Software and gave the stock a “buy” rating in a report on Monday, January 29th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of €25.71 ($31.74).
RIB Software (RIB) opened at €23.82 ($29.41) on Friday. RIB Software has a twelve month low of €11.43 ($14.11) and a twelve month high of €35.16 ($43.41). The firm has a market capitalization of $1,620.00 and a price-to-earnings ratio of 43.31.
About RIB Software
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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