Nemetschek SE (NEM) Given Consensus Rating of “Hold” by Analysts

Shares of Nemetschek SE (ETR:NEM) have been assigned an average recommendation of “Hold” from the eight ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is €112.75 ($131.10).

Several analysts have commented on NEM shares. Berenberg Bank set a €95.00 ($110.47) price target on shares of Nemetschek and gave the stock a “neutral” rating in a research note on Thursday, July 26th. Commerzbank set a €118.00 ($137.21) price target on shares of Nemetschek and gave the stock a “neutral” rating in a research note on Tuesday, October 16th. Oddo Bhf set a €57.00 ($66.28) price target on shares of Nemetschek and gave the stock a “sell” rating in a research note on Wednesday. Baader Bank set a €128.00 ($148.84) price target on shares of Nemetschek and gave the stock a “buy” rating in a research note on Monday. Finally, Hauck & Aufhaeuser set a €142.00 ($165.12) price target on shares of Nemetschek and gave the stock a “buy” rating in a research note on Tuesday.

NEM stock traded down €3.00 ($3.49) during mid-day trading on Thursday, hitting €113.10 ($131.51). The company had a trading volume of 119,073 shares, compared to its average volume of 49,484. Nemetschek has a 12-month low of €49.50 ($57.56) and a 12-month high of €90.40 ($105.12).

Nemetschek Company Profile

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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