RIB Software (RIB) Given a €40.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €40.00 ($49.38) price target on RIB Software (ETR:RIB) in a research note published on Wednesday. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also recently commented on the stock. Kepler Capital Markets set a €35.00 ($43.21) target price on shares of RIB Software and gave the company a buy rating in a research report on Monday, March 19th. Warburg Research set a €32.00 ($39.51) target price on shares of RIB Software and gave the company a buy rating in a research report on Monday, December 18th. Finally, UBS set a €19.25 ($23.77) target price on shares of RIB Software and gave the company a sell rating in a research report on Friday, March 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of €26.54 ($32.77).

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ETR:RIB opened at €18.50 ($22.84) on Wednesday. RIB Software has a fifty-two week low of €11.43 ($14.11) and a fifty-two week high of €35.16 ($43.41).

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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.

Analyst Recommendations for RIB Software (ETR:RIB)

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