A statement released earlier today by Commerzbank AG about Nemetschek (ETR:NEM) bumps the target price to 68.00EUR
- Updated: October 8, 2016
Having a price of 54.90EUR, Nemetschek (ETR:NEM) traded -0.23% lower on the day. With the last close up -7.31% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Nemetschek has recorded a 50-day average of 39.34EUR and a two hundred day average of 36.65EUR. Volume of trade was up over the average, with 8,302,998 shares of NEM changing hands over the typical 7,070,520
Stating a potential upside of 0.24%, Commerzbank AG upped the price target of Nemetschek (ETR:NEM) to 68.00EUR
On 10/8/2016, Commerzbank AG released a statement on Nemetschek (ETR:NEM) upped the target price from 0.00EUR to 68.00EUR that suggested an upside of 0.24%.
With a total market value of 0 EUR, Nemetschek has price-earnings ratio of 459.05 with a one year low of 16.05EUR and a one year high of 46.07EUR .
A total of 17 analysts have released a research note on NEM. One brokerage rating the company a strong buy, eight analysts rating the company a buy, 10 brokers rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the company a sell with a one year target of 35.35EUR.
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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