Nemetschek (NEM) Given a €70.00 Price Target at Berenberg Bank
Nemetschek (ETR:NEM) received a €70.00 ($83.33) target price from investment analysts at Berenberg Bank in a report released on Tuesday. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s target price indicates a potential downside of 7.83% from the company’s current price.
A number of other research firms have also recently commented on NEM. Hauck & Aufhaeuser set a €74.50 ($88.69) price target on Nemetschek and gave the stock a “buy” rating in a research note on Wednesday, September 13th. Baader Bank set a €65.00 ($77.38) price target on Nemetschek and gave the stock a “neutral” rating in a research note on Monday, October 16th. Commerzbank set a €86.00 ($102.38) price target on Nemetschek and gave the stock a “neutral” rating in a research note on Wednesday, November 29th. Kepler Capital Markets set a €69.00 ($82.14) price target on Nemetschek and gave the stock a “neutral” rating in a research note on Friday, October 27th. Finally, Warburg Research set a €83.00 ($98.81) price target on Nemetschek and gave the stock a “neutral” rating in a research note on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of €70.86 ($84.35).
Nemetschek (NEM) opened at €75.95 ($90.42) on Tuesday. Nemetschek has a 52 week low of €47.03 ($55.99) and a 52 week high of €83.59 ($99.51).
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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 for architects, civil engineers, structural designers, in-house technicians, and technical and landscape planners.
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