Nemetschek SE (OTCMKTS:NEMTF) Receives $91.50 Consensus Target Price from Analysts

Shares of Nemetschek SE (OTCMKTS:NEMTFGet Rating) have earned an average recommendation of “Hold” from the seven ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $91.50.

A number of equities research analysts recently issued reports on NEMTF shares. Barclays lowered shares of Nemetschek from an “overweight” rating to an “equal weight” rating in a report on Tuesday, January 11th. Berenberg Bank started coverage on shares of Nemetschek in a report on Friday, February 18th. They issued a “hold” rating for the company. Finally, Morgan Stanley dropped their price objective on shares of Nemetschek from €92.50 ($101.65) to €85.00 ($93.41) in a report on Thursday, March 24th.

OTCMKTS:NEMTF remained flat at $$119.29 during trading hours on Friday. 500 shares of the company’s stock were exchanged, compared to its average volume of 1,700. Nemetschek has a 52 week low of $61.95 and a 52 week high of $127.25. The stock has a fifty day moving average of $119.29 and a 200-day moving average of $117.84.

Nemetschek Company Profile (Get Rating)

Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets in Germany, rest of Europe, the Americas, the Asia Pacific, and internationally. It operates through four segments: Design, Build, Manage, and Media & Entertainment. The Design segment offers software solutions primarily under the Allplan, Graphisoft, Solibri, Precast, Vectorworks, SCIA, dRofus, Data Design System, Frilo, and RISA brands for architects, designers, engineers, structural engineers, specialist planners, and landscape designers, as well as developers and general contractors.

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Analyst Recommendations for Nemetschek (OTCMKTS:NEMTF)

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