Commerzbank AG announced Nemetschek (ETR:NEM), boosting its stock price target to 68.00EUR today
- Updated: October 9, 2016
In a report released on 10/10/2016 Commerzbank AG bumped up the target of Nemetschek (ETR:NEM) to 68.00EUR stating a potential upside of 0.24%.
On 10/09/2016, Commerzbank AG released a statement for Nemetschek (ETR:NEM) bumped up the target price from 0.00EUR to 68.00EUR that suggested an upside of 0.24%.
Boasting a price of 54.90EUR, Nemetschek (ETR:NEM) traded -0.23% lower on the day. With the last stock price close up -7.31% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. 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
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 report on NEM. 1 brokerage rating the company a strong buy, eight brokers rating the stock a buy, ten equity analysts rating the company a hold, 1 firm rating the company a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of 35.35EUR.
Brief Synopsis On 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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