Nemetschek (NEM) PT Set at €70.00 by Berenberg Bank

Nemetschek (ETR:NEM) has been given a €70.00 ($86.42) price target by investment analysts at Berenberg Bank in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price target would indicate a potential downside of 23.08% from the company’s previous close.

A number of other research analysts also recently issued reports on NEM. Commerzbank set a €86.00 ($106.17) target price on shares of Nemetschek and gave the company a “neutral” rating in a research report on Tuesday, December 5th. Hauck & Aufhaeuser set a €76.00 ($93.83) target price on shares of Nemetschek and gave the company a “neutral” rating in a research report on Thursday, December 7th. Warburg Research set a €83.00 ($102.47) target price on shares of Nemetschek and gave the company a “neutral” rating in a research report on Tuesday, January 30th. Oddo Bhf set a €57.00 ($70.37) target price on shares of Nemetschek and gave the company a “sell” rating in a research report on Tuesday, February 6th. Finally, Kepler Capital Markets set a €69.00 ($85.19) target price on shares of Nemetschek and gave the company a “neutral” rating in a research report on Thursday. Two research analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. Nemetschek presently has an average rating of “Hold” and an average target price of €69.50 ($85.80).

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ETR NEM opened at €91.00 ($112.35) on Friday. Nemetschek has a 1 year low of €49.50 ($61.11) and a 1 year high of €90.40 ($111.60).

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About Nemetschek

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 (ETR:NEM)

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