A number of other brokerages have also weighed in on NEMTF. Morgan Stanley cut their price objective on Nemetschek from €72.50 ($73.98) to €61.25 ($62.50) in a research report on Monday, October 17th. Deutsche Bank Aktiengesellschaft decreased their price target on Nemetschek from €75.00 ($76.53) to €55.00 ($56.12) in a research note on Thursday, October 6th. Berenberg Bank cut their price objective on Nemetschek from €69.00 ($70.41) to €55.00 ($56.12) and set a hold rating for the company in a report on Tuesday, October 18th. Finally, Barclays cut their price target on Nemetschek from €53.00 ($54.08) to €52.00 ($53.06) and set an equal weight rating for the company in a report on Monday.
Nemetschek Stock Performance
Shares of Nemetschek stock opened at $48.25 on Monday. The business’s 50-day moving average price is $55.58 and its 200-day moving average price is $62.73. Nemetschek has a 12 month low of $47.50 and a 12 month high of $48.25.
Nemetschek Company Profile
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.
- Get a free copy of the StockNews.com research report on Nemetschek (NEMTF)
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