Commerzbank AG disclosed Nemetschek (ETR:NEM), hiking its price target to 68.00EUR earlier today
- Updated: October 7, 2016
Stating a potential upside of 0.24%, Commerzbank AG increased the stock price target of Nemetschek (ETR:NEM) to 68.00EUR
On 9/21/2016, Joh. Berenberg Gossler & Co. KG released a statement about Nemetschek (ETR:NEM) upped the target price from 0.00EUR to 46.00EUR that suggested a downside of -0.13%.
Having a price of 54.90EUR, Nemetschek (ETR:NEM) traded -0.23% lower on the day. With the last stock price up -7.15% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. NEM has recorded a 50-day average of 39.48EUR and a two hundred day average of 36.59EUR. Trade Volume was up over the average, with 8,302,998 shares of NEM changing hands over the typical 7,105,570
Recent Performance Chart
Nemetschek has 52 week low of 16.05EUR and a 52 week high of 46.07EUR with a P/E ratio of 459.05 and has a market cap of 0 EUR.
In addition to Commerzbank AG reporting its stock price target, a total of 17 brokers have issued a ratings update on the company. The average stock price target is 35.35EUR with 1 broker rating the stock a strong buy, eight equity analysts rating the company a buy, ten brokerages rating the company a hold, one analyst rating the company a underperform, and finally 0 brokers rating the stock a sell.
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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