Deutsche Bank Analysts Give Nemetschek (ETR:NEM) a €63.30 Price Target
Deutsche Bank set a €63.30 ($73.60) target price on Nemetschek (ETR:NEM) in a research report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts also recently issued reports on the stock. Hauck & Aufhaeuser set a €141.00 ($163.95) price objective on shares of Nemetschek and gave the company a neutral rating in a research report on Tuesday, April 2nd. Berenberg Bank reissued a buy rating and set a GBX 715 ($9.34) price objective on shares of in a research report on Wednesday, July 3rd. Warburg Research set a €145.00 ($168.60) price objective on shares of Nemetschek and gave the company a neutral rating in a research report on Tuesday, April 30th. Kepler Capital Markets set a €36.00 ($41.86) price objective on shares of Hapag-Lloyd and gave the company a buy rating in a research report on Monday, May 6th. Finally, Baader Bank set a €29.00 ($33.72) price objective on shares of Jenoptik and gave the company a neutral rating in a research report on Tuesday, July 2nd. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of €95.40 ($110.93).
Shares of NEM stock opened at €55.35 ($64.36) on Tuesday. Nemetschek has a 1 year low of €29.90 ($34.77) and a 1 year high of €57.95 ($67.38). The company’s fifty day simple moving average is €115.89. The company has a debt-to-equity ratio of 99.05, a quick ratio of 0.84 and a current ratio of 0.92. The company has a market cap of $6.39 billion and a P/E ratio of 80.22.
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 primarily under the Allplan, Graphisoft, Precast, Vectorworks, SCIA, dRofus, Data Design System, Frilo, and RISA brands for architects, specialist planners, an dlandscape architects, as well as developers and general contractors.
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