Berenberg Bank set a €144.00 ($167.44) price objective on Nemetschek (ETR:NEM) in a research report report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other analysts have also recently commented on NEM. Kepler Capital Markets set a €85.00 ($98.84) target price on shares of Nemetschek and gave the stock a sell rating in a research note on Tuesday, April 30th. Warburg Research set a €145.00 ($168.60) price target on shares of Nemetschek and gave the stock a neutral rating in a research report on Tuesday, April 30th. Baader Bank set a €157.00 ($182.56) price target on shares of Nemetschek and gave the stock a neutral rating in a research report on Tuesday, April 30th. Finally, Hauck & Aufhaeuser set a €137.00 ($159.30) price target on shares of Nemetschek and gave the stock a neutral rating in a research report on Thursday, March 14th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The company has an average rating of Hold and a consensus price target of €126.89 ($147.55).
Shares of NEM stock traded up €0.70 ($0.81) on Wednesday, reaching €152.60 ($177.44). 107,604 shares of the company were exchanged, compared to its average volume of 49,484. The stock has a market capitalization of $5.88 billion and a P/E ratio of 76.84. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 52.34. Nemetschek has a 1 year low of €89.70 ($104.30) and a 1 year high of €170.00 ($197.67).
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, Graphisoft, Precast, Vectorworks, SCIA, dRofus, Data Design System, Frilo, and RISA brands for architects, specialist planners, an dlandscape architects, as well as developers and general contractors.
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