Nemetschek SE (OTCMKTS:NEMTF) Given Consensus Rating of “Hold” by Brokerages

Shares of Nemetschek SE (OTCMKTS:NEMTF) have been assigned an average recommendation of “Hold” from the eight analysts that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $96.00.

NEMTF has been the subject of several recent analyst reports. Bryan, Garnier & Co downgraded shares of Nemetschek from a “strong-buy” rating to a “buy” rating and set a €96.00 ($112.94) price objective for the company. in a report on Friday, September 3rd. Morgan Stanley reissued an “underweight” rating on shares of Nemetschek in a report on Friday, July 30th. Finally, Barclays reissued an “overweight” rating on shares of Nemetschek in a report on Friday, July 30th.

Shares of OTCMKTS NEMTF remained flat at $$98.75 during trading hours on Wednesday. 107 shares of the company traded hands, compared to its average volume of 2,221. The business’s 50 day moving average is $87.88 and its 200 day moving average is $76.08. Nemetschek has a fifty-two week low of $61.95 and a fifty-two week high of $98.75.

About Nemetschek

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.

Featured Article: Why is the price-sales ratio important?

Analyst Recommendations for Nemetschek (OTCMKTS:NEMTF)

Receive News & Ratings for Nemetschek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nemetschek and related companies with MarketBeat.com's FREE daily email newsletter.