Nemetschek (ETR:NEM) Change of Rating
Nemetschek (ETR:NEM)’s stock was downgraded to Reduce by analysts at equinet AG, who have a price target of EUR 47.00 on NEM. equinet AG’s target is -19.08 % from NEM’s last price.
In spite of this stock rating downgrade ETR:NEM is now trading 0.17% higher at EUR 58.00 as of 6:20 PM Frankfurt time. Nemetschek’s stock is 0% over the last 200 days. It has underperformed the S&P500, which has increased 10.19% over the same time period.
Nemetschek (ETR:NEM) Profile
Nemetschek SE is a Germany-based software developer for the construction industry. The Company operates through four segments: Design, Build, Manage, and Media and Entertainment. The Design segment focuses on building information modeling (BIM) oriented solutions for computer aided design (CAD) and computer aided engineering (CAE), and comprises the Allplan, Graphisoft, Vectorworks and Scia, among others.
Nemetschek (ETR:NEM) traded up 0.17% on 21 October, hitting EUR 58. A total of 23,033 shares of the company’s stock traded hands. This is down from average of 33,821 shares. Nemetschek has a 52 week low of EUR 33.39 and a 52 week high of EUR 59.4. The company has a market cap of 2.23 billion EUR and a P/E ratio of 50.08.
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The post Frankfurt: Nemetschek (ETR:NEM) Rating Downgraded to Reduce by equinet AG with EUR 47.00 Target appeared first on Octafinance.