Nemetschek (NEM) PT Set at €128.00 by Baader Bank

Nemetschek (ETR:NEM) has been given a €128.00 ($148.84) price target by analysts at Baader Bank in a research note issued to investors on Tuesday, October 16th. The firm presently has a “neutral” rating on the stock. Baader Bank’s price objective indicates a potential upside of 10.63% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Berenberg Bank set a €126.00 ($146.51) price objective on Nemetschek and gave the stock a “neutral” rating in a research note on Monday, September 17th. Commerzbank set a €110.00 ($127.91) price objective on Nemetschek and gave the stock a “neutral” rating in a research note on Wednesday, August 29th. Hauck & Aufhaeuser set a €115.00 ($133.72) price target on Nemetschek and gave the stock a “neutral” rating in a research note on Friday, July 27th. Kepler Capital Markets set a €129.00 ($150.00) price objective on shares of Nemetschek and gave the company a “neutral” rating in a report on Thursday, August 16th. Finally, Oddo Bhf set a €57.00 ($66.28) price objective on shares of Nemetschek and gave the company a “sell” rating in a report on Monday, July 30th. One analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of €112.75 ($131.10).

Shares of ETR NEM traded down €0.30 ($0.35) during midday trading on Tuesday, hitting €115.70 ($134.53). 69,979 shares of the stock traded hands, compared to its average volume of 49,484. Nemetschek has a one year low of €49.50 ($57.56) and a one year 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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