Nemetschek (ETR:NEM) Given a €90.00 Price Target by Berenberg Bank Analysts

Berenberg Bank set a €90.00 ($96.77) price objective on Nemetschek (ETR:NEM – Get Rating) in a research note issued to investors on Friday morning, Borsen Zeitung reports.

Other equities analysts have also issued reports about the company. Warburg Research set a €75.00 ($80.65) price target on Nemetschek in a research report on Thursday. The Goldman Sachs Group set a €100.00 ($107.53) price target on Nemetschek in a research report on Thursday. Hauck and Aufhaeuser set a €83.00 ($89.25) price target on Nemetschek in a research report on Friday. Barclays set a €90.00 ($96.77) target price on Nemetschek in a research report on Thursday. Finally, Baader Bank set a €95.00 ($102.15) target price on Nemetschek in a research report on Thursday. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Nemetschek currently has an average rating of Buy and an average price target of €86.55 ($93.06).

Nemetschek stock opened at €76.28 ($82.02) on Friday. The stock’s 50 day moving average price is €80.75 and its 200 day moving average price is €91.10. The firm has a market capitalization of $8.81 billion and a PE ratio of 69.83. The company has a debt-to-equity ratio of 35.95, a quick ratio of 0.60 and a current ratio of 0.68. Nemetschek has a one year low of €54.64 ($58.75) and a one year high of €116.15 ($124.89).

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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