RIB Software (RIB) PT Set at €40.00 by Berenberg Bank
A number of other brokerages have also recently commented on RIB. Kepler Capital Markets set a €35.00 ($42.68) price target on RIB Software and gave the stock a buy rating in a research report on Monday, March 19th. Warburg Research set a €32.00 ($39.02) price target on RIB Software and gave the stock a buy rating in a research report on Monday, January 29th. Finally, UBS set a €19.25 ($23.48) price target on RIB Software and gave the stock a sell rating in a research report on Friday, March 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. RIB Software has a consensus rating of Hold and a consensus price target of €26.42 ($32.22).
Shares of RIB opened at €20.38 ($24.85) on Tuesday. RIB Software has a 52 week low of €11.43 ($13.94) and a 52 week high of €35.16 ($42.88).
RIB Software SE designs, 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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