Kepler Capital Markets set a €32.00 ($37.21) price objective on RIB Software (ETR:RIB) in a research report sent to investors on Wednesday morning. The brokerage currently has a buy rating on the stock.
RIB has been the subject of a number of other reports. equinet set a €25.00 ($29.07) target price on RIB Software and gave the stock a buy rating in a research note on Thursday, August 30th. UBS Group set a €17.80 ($20.70) price objective on RIB Software and gave the stock a sell rating in a research report on Wednesday. Berenberg Bank set a €40.00 ($46.51) price objective on RIB Software and gave the stock a buy rating in a research report on Thursday, August 23rd. Finally, Warburg Research set a €18.50 ($21.51) price objective on RIB Software and gave the stock a neutral rating in a research report on Wednesday, August 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus price target of €25.80 ($30.00).
Shares of RIB traded down €0.56 ($0.65) during midday trading on Wednesday, reaching €14.72 ($17.12). The company had a trading volume of 475,384 shares, compared to its average volume of 318,804. RIB Software has a 1-year low of €11.43 ($13.29) and a 1-year high of €35.16 ($40.88).
RIB Software SE creates, 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.
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