Bechtle (ETR:BC8) has been given a €80.00 ($98.77) price target by investment analysts at Warburg Research in a research report issued on Monday. The brokerage currently has a “buy” rating on the stock. Warburg Research’s price target points to a potential upside of 15.44% from the company’s current price.
Several other research firms have also recently commented on BC8. DZ Bank restated a “neutral” rating on shares of Bechtle in a research note on Thursday, January 25th. Commerzbank set a €52.50 ($64.81) price target on Bechtle and gave the stock a “neutral” rating in a research note on Friday, November 10th. Baader Bank set a €58.00 ($71.60) price target on Bechtle and gave the stock a “neutral” rating in a research note on Friday, November 10th. Kepler Capital Markets set a €65.00 ($80.25) price target on Bechtle and gave the stock a “buy” rating in a research note on Friday, November 10th. Finally, Independent Research set a €72.00 ($88.89) price target on Bechtle and gave the stock a “neutral” rating in a research note on Tuesday, November 14th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Bechtle has a consensus rating of “Hold” and a consensus target price of €67.92 ($83.85).
Shares of Bechtle (ETR BC8) opened at €69.30 ($85.56) on Monday. Bechtle has a 52 week low of €47.33 ($58.43) and a 52 week high of €75.40 ($93.09). The company has a market capitalization of $2,910.00 and a P/E ratio of 25.76.
Bechtle Company Profile
Bechtle AG provides information technology services in Germany and internationally. The company operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and roll-out, system integration, IT services and training, cloud, and IT operation services.
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