Brokerages Set Nemetschek SE (NEM) Price Target at $69.50

Shares of Nemetschek SE (ETR:NEM) have been assigned an average recommendation of “Hold” from the nine brokerages that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is €71.44 ($88.20).

A number of equities research analysts have weighed in on NEM shares. Baader Bank set a €73.00 ($90.12) price target on shares of Nemetschek and gave the company a “neutral” rating in a report on Thursday, March 29th. Oddo Bhf set a €57.00 ($70.37) price target on shares of Nemetschek and gave the company a “sell” rating in a report on Tuesday, February 6th. Commerzbank set a €81.00 ($100.00) price target on shares of Nemetschek and gave the company a “neutral” rating in a report on Wednesday, February 7th. Berenberg Bank set a €70.00 ($86.42) price target on shares of Nemetschek and gave the company a “neutral” rating in a report on Friday, December 8th. Finally, Warburg Research set a €83.00 ($102.47) price target on shares of Nemetschek and gave the company a “neutral” rating in a report on Tuesday, January 30th.

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ETR NEM traded up €2.30 ($2.84) on Friday, reaching €94.75 ($116.98). The company’s stock had a trading volume of 101,748 shares, compared to its average volume of 49,484. Nemetschek has a twelve month low of €49.50 ($61.11) and a twelve month high of €90.40 ($111.60).

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About Nemetschek

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 for architects, civil engineers, structural designers, in-house technicians, and technical and landscape planners.

Analyst Recommendations for Nemetschek (ETR:NEM)

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