Nemetschek (ETR:NEM) Given a €95.00 Price Target by Baader Bank Analysts

Nemetschek (ETR:NEMGet Rating) has been given a €95.00 ($102.15) price target by equities research analysts at Baader Bank in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. Baader Bank’s price target would indicate a potential upside of 25.16% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Warburg Research set a €75.00 ($80.65) price target on shares of Nemetschek in a report on Thursday. Berenberg Bank set a €90.00 ($96.77) price objective on Nemetschek in a research note on Wednesday, March 23rd. The Goldman Sachs Group set a €100.00 ($107.53) target price on Nemetschek in a research report on Thursday. Finally, Barclays set a €90.00 ($96.77) price target on shares of Nemetschek in a report on Thursday. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of €85.06 ($91.46).

NEM stock opened at €75.90 ($81.61) on Thursday. The business has a 50-day simple moving average of €80.66 and a two-hundred day simple moving average of €91.23. Nemetschek has a 52-week low of €54.64 ($58.75) and a 52-week high of €116.15 ($124.89). The company has a market capitalization of $8.77 billion and a P/E ratio of 65.09. The company has a debt-to-equity ratio of 35.95, a quick ratio of 0.60 and a current ratio of 0.68.

About Nemetschek (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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