Nemetschek (OTCMKTS:NEMTF) PT Lowered to €65.00

Nemetschek (OTCMKTS:NEMTFGet Rating) had its price objective decreased by Stifel Nicolaus from €70.00 ($71.43) to €65.00 ($66.33) in a research report report published on Monday, The Fly reports.

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.

About Nemetschek

(Get Rating)

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.

See Also

The Fly logo

Receive News & Ratings for Nemetschek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nemetschek and related companies with MarketBeat.com's FREE daily email newsletter.