Commerzbank AG disclosed Nemetschek (ETR:NEM), boosting its price target to 68.00EUR earlier today
- Updated: October 7, 2016
Stating a potential upside of 0.24%, Commerzbank AG increased the target of Nemetschek (ETR:NEM) to 68.00EUR
Previously on 10/07/2016, 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 -0.23% lower at 54.90EUR. The company’s 50-day moving average is 39.48EUR and its 200-day moving average is 36.59EUR. With the last close up -7.15% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Trade Volume was up over the average, with 8,302,998 shares of NEM changing hands over the typical 7,105,570
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Nemetschek has a 52 week low of 16.05EUR and a 52 week high of 46.07EUR with a P/E ratio of 459.05 The company’s market cap is currently 0 EUR.
Also covering Nemetschek's price target, a total of 17 equity analysts have released a research note on the company. The average stock price target is 35.35EUR with 1 firm rating the stock a strong buy, eight equity analysts rating the company a buy, 10 firms rating the stock a hold, one analyst rating the company a underperform, and finally 0 brokers rating the company a sell.
General Company Details For 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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