Berenberg Bank Analysts Give Nemetschek (NEM) a €126.00 Price Target

Nemetschek (ETR:NEM) received a €126.00 ($146.51) price objective from stock analysts at Berenberg Bank in a research note issued on Wednesday. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 9.28% from the company’s current price.

A number of other brokerages have also recently weighed in on NEM. Commerzbank set a €110.00 ($127.91) price objective on Nemetschek and gave the company a “neutral” rating in a research note on Wednesday, August 29th. Hauck & Aufhaeuser set a €115.00 ($133.72) price objective on Nemetschek and gave the company a “neutral” rating in a research note on Friday, July 27th. Kepler Capital Markets set a €129.00 ($150.00) price objective on Nemetschek and gave the company a “neutral” rating in a research note on Thursday, August 16th. Oddo Bhf set a €57.00 ($66.28) price objective on Nemetschek and gave the company a “sell” rating in a research note on Monday, July 30th. Finally, Warburg Research set a €115.00 ($133.72) price objective on Nemetschek and gave the company a “neutral” rating in a research note on Monday, July 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of €112.75 ($131.10).

Shares of ETR NEM traded up €2.00 ($2.33) during trading on Wednesday, reaching €115.30 ($134.07). The stock had a trading volume of 66,751 shares, compared to its average volume of 49,484. Nemetschek has a fifty-two week low of €49.50 ($57.56) and a fifty-two week high of €90.40 ($105.12).

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 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.

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Analyst Recommendations for Nemetschek (ETR:NEM)

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