Nemetschek (NEM) Given a €70.00 Price Target by Berenberg Bank Analysts

Nemetschek (ETR:NEM) has been given a €70.00 ($86.42) price target by research analysts at Berenberg Bank in a report released on Thursday. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s price target indicates a potential downside of 26.12% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Warburg Research set a €83.00 ($102.47) price target on shares of Nemetschek and gave the stock a “neutral” rating in a research note on Tuesday, January 30th. Hauck & Aufhaeuser set a €76.00 ($93.83) price objective on shares of Nemetschek and gave the stock a “neutral” rating in a research report on Thursday, December 7th. Main First Bank set a €87.00 ($107.41) price objective on shares of Nemetschek and gave the stock a “neutral” rating in a research report on Wednesday. Commerzbank set a €81.00 ($100.00) price objective on shares of Nemetschek and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Kepler Capital Markets set a €69.00 ($85.19) price objective on shares of Nemetschek and gave the stock a “neutral” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. Nemetschek has an average rating of “Hold” and a consensus target price of €71.44 ($88.20).

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Shares of ETR:NEM opened at €94.75 ($116.98) on Thursday. Nemetschek has a 1-year low of €49.50 ($61.11) and a 1-year 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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