Brokerages Set Nemetschek SE (NEM) Target Price at $65.58

Shares of Nemetschek SE (ETR:NEM) have earned an average recommendation of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is €65.58 ($78.08).

A number of equities analysts recently commented on the stock. Hauck & Aufhaeuser set a €74.50 ($88.69) price target on shares of Nemetschek SE and gave the stock a “buy” rating in a research report on Wednesday. Berenberg Bank set a €70.00 ($83.33) price target on shares of Nemetschek SE and gave the stock a “neutral” rating in a research report on Wednesday, August 23rd. Warburg Research set a €71.00 ($84.52) price target on shares of Nemetschek SE and gave the stock a “neutral” rating in a research report on Monday, July 31st. Baader Bank set a €65.00 ($77.38) price target on shares of Nemetschek SE and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Finally, Kepler Capital Markets set a €66.00 ($78.57) price target on shares of Nemetschek SE and gave the stock a “neutral” rating in a research report on Wednesday, August 2nd.

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Nemetschek SE (NEM) traded up 1.28% during trading on Wednesday, reaching €66.64. 140 shares of the company’s stock were exchanged. The firm has a market cap of €2.57 billion and a P/E ratio of 50.87. The stock’s 50 day moving average price is €64.68 and its 200 day moving average price is €61.75. Nemetschek SE has a 52-week low of €46.95 and a 52-week high of €71.46.

About Nemetschek SE

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 for architects, civil engineers, structural designers, in-house technicians, and technical and landscape planners.

Analyst Recommendations for Nemetschek SE (ETR:NEM)

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