Several other equities research analysts also recently issued reports on NEMTF. Deutsche Bank Aktiengesellschaft cut their price target on Nemetschek from €75.00 ($76.53) to €55.00 ($56.12) in a report on Thursday, October 6th. Berenberg Bank cut their price target on Nemetschek from €69.00 ($70.41) to €55.00 ($56.12) and set a hold rating for the company in a report on Tuesday, October 18th. Barclays cut their price target on Nemetschek from €53.00 ($54.08) to €52.00 ($53.06) and set an equal weight rating for the company in a report on Monday. Finally, Morgan Stanley cut their price target on Nemetschek from €72.50 ($73.98) to €61.25 ($62.50) in a report on Monday, October 17th.
Nemetschek Price Performance
OTCMKTS:NEMTF opened at $48.25 on Monday. The firm has a fifty day simple moving average of $55.58 and a 200 day simple moving average of $62.73. Nemetschek has a 1-year low of $47.50 and a 1-year high of $48.25.
Nemetschek SE provides software solutions for architecture, engineering, construction, media, and entertainment markets in Germany, rest of Europe, the Americas, the Asia Pacific, and internationally. It operates through four segments: Design, Build, Manage, and Media & Entertainment. The Design segment offers software solutions primarily under the Allplan, Graphisoft, Solibri, Precast, Vectorworks, SCIA, dRofus, Data Design System, Frilo, and RISA brands for architects, designers, engineers, structural engineers, specialist planners, and landscape designers, as well as developers and general contractors.
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