November 24, 2016 - By Peter Erickson
Kepler Cheuvreux has boosted RIB Software (ETR:RSTA) stock to a “Buy” in a a research note made public on Thursday morning, and has set a 12month PT at EUR 15.00. This target is 4.02% from RSTA’s last price.
Out of 7 analysts covering RIB Software (ETR:RSTA), 5 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 71% are positive. €19 is the highest target while €9.70 is the lowest. The €13.18 average target is -7.25% below today’s (€14.21) stock price. RIB Software has been the topic of 60 analyst reports since July 1, 2015 according to StockzIntelligence Inc. The rating was upgraded by Hauck & Aufhäuser Privatbankiers KGaA to “Buy” on Tuesday, November 1. The stock of RIB Software AG (ETR:RIB) earned “Buy” rating by Equinet on Tuesday, May 3. The rating was upgraded by Equinet on Tuesday, May 31 to “Buy”. The stock of RIB Software AG (ETR:RIB) has “Buy” rating given on Wednesday, March 2 by Equinet. The firm has “Hold” rating given on Friday, October 23 by Warburg Research. The rating was upgraded by Hauck & Aufhäuser Privatbankiers KGaA on Thursday, October 29 to “Buy”. The firm has “Buy” rating by Hauck & Aufhäuser Privatbankiers KGaA given on Tuesday, September 13. Kepler Cheuvreux upgraded it to “Buy” rating and €15 target price in Thursday, November 24 report. On Tuesday, December 29 the stock rating was upgraded by Equinet to “Buy”. As per Saturday, April 30, the company rating was upgraded by Kepler Cheuvreux.
About 67,863 shares traded hands. RIB Software AG (ETR:RSTA) has risen 6.00% since October 25, 2016 and is uptrending. It has outperformed by 0.59% the S&P500.
RIB Software AG is a Germany-based provider of technical Enterprise Resource Planning software solutions. The company has a market cap of 665.68 million EUR. The Company’s core activities comprise the development and sale of software, as well as the provision of consulting and training services for implementation projects. It has a 64.05 P/E ratio. It offers software solutions for costing and scheduling, an e-commerce platform for the building and construction industry, cost estimating, tendering and project control.
More notable recent RIB Software AG (ETR:RIB) news were published by: Prnewswire.com which released: “Flex and RIB Software Join Forces to Transform Building and Housing Industry” on November 22, 2016, also Marketwatch.com with their article: “RIB Software AG ADR” published on November 20, 2013, Bizjournals.com published: “Germany’s RIB Software to relocate North American HQ to Midtown’s Tech Square” on January 30, 2015. More interesting news about RIB Software AG (ETR:RIB) were released by: Bizjournals.com and their article: “RIB Software acquires Memphis-based MC2” published on September 11, 2012 as well as Rttnews.com‘s news article titled: “RIB Software’s U.S. Cost signs Phase-II-contract with City of Miami Beach” with publication date: November 18, 2016.
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