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A report released today by Baader Wertpapierhandelsbank about Nemetschek (ETR:NEM) ups the target price to 51.00EUR

Nemetschek (ETR:NEM) had its target price raised to 51.00EUR by Baader Wertpapierhandelsbank in an issued report announced 10/11/2016. The upped stock price target indicates a possible downside of -0.12% based on the company's last stock close price.

Previously on 10/10/2016, Commerzbank AG reported about Nemetschek (ETR:NEM) raised the target price from 0.00EUR to 68.00EUR. At the time, this indicated a possible upside of 0.24%.

Yesterday Nemetschek (ETR:NEM) traded -0.62% lower at 58.02EUR. The company’s 50-day moving average is 39.05EUR and its 200-day moving average is 36.86EUR. The last stock close price is up -8.17% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 7,894,738 shares of Nemetschek exchanged hands, up from an avg. volume of 6,971,250

Recent Performance Chart

Nemetschek (ETR:NEM)

Nemetschek has price-earnings ratio of 457.43 with a one year low of 16.05EUR and a 52 week high of 46.07EUR and has a market capitalization of 0 EUR.

Also covering Nemetschek's target, a total of 17 equity analysts have released a report on Nemetschek. The 12-month price target is 35.35EUR with 1 brokerage rating the stock a strong buy, 8 firms rating the stock a buy, ten analysts rating the company a hold, one equity analyst rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Nemetschek (ETR:NEM)

Nemetschek AG is a Germany-based holding company engaged in the provision of software solutions for architecture and construction industries, including architects, structural designers, civil and specialist engineers, as well as for technical facility management and commercial property management, as well as visualization software for architecture, film and advertising. It operates four business segments: Design; Build; Manage, and Multimedia. The Design business segment offers primarily programs for CAD (computer-aided design) and CAE (computer-aided engineering) for planning component-oriented design. The Build business segment comprises all products and solutions that deal with commercial and technical cost and work invoicing. The Manage business segment's product portfolio aims at commercial real estate and the housing industry. The Multimedia business segment provides 3D (3-dimensional) software for visualization and animation. In November 2013, it acquired Data Design System ASA.

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