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Nemetschek Stock Faces Pressure Despite Strong Revenue Growth in Q3

Analyst Mohammed Moawalla has raised his price target for Nemetschek SE from €105 to €120, reflecting strong quarterly performance with a 15.1% revenue increase to €253.03 million, despite a slight decline in earnings per share. The stock has shown resilience, with a year-on-year increase of 41.51%, although it faced recent market pressures, trading at €100.50. Various analysts have adjusted their ratings, with UBS downgrading to "Neutral" while Barclays upgraded to "Overweight" with a target of €125.
aktiencheck.de
Euro Nemetschek SE DEU Alice Jennings Michael Briest Mohammed Moawalla Nicolas Herms Armin Kremser Show more
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18:41 06.12.2024
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