Bechtle AG (BC8) Receives Average Recommendation of “Hold” from Brokerages

Bechtle AG (ETR:BC8) has been given a consensus recommendation of “Hold” by the nine brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is €86.49 ($100.57).

Several equities analysts recently commented on the stock. Kepler Capital Markets set a €80.00 ($93.02) price target on shares of Bechtle and gave the company a “buy” rating in a research note on Friday, August 10th. Baader Bank set a €92.00 ($106.98) price target on shares of Bechtle and gave the company a “buy” rating in a research note on Tuesday, August 14th. Hauck & Aufhaeuser set a €61.00 ($70.93) price target on shares of Bechtle and gave the company a “sell” rating in a research note on Monday, August 13th. Independent Research set a €90.00 ($104.65) price target on shares of Bechtle and gave the company a “neutral” rating in a research note on Monday, August 13th. Finally, Warburg Research set a €93.00 ($108.14) price target on shares of Bechtle and gave the company a “buy” rating in a research note on Friday, August 10th.

BC8 stock opened at €70.45 ($81.92) on Friday. Bechtle has a 52 week low of €48.83 ($56.78) and a 52 week high of €75.40 ($87.67).

Bechtle Company Profile

Bechtle AG provides information technology services primarily in Europe. The company operates in 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 implementation, system integration, maintenance and training, IT, cloud, and IT operation services.

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Analyst Recommendations for Bechtle (ETR:BC8)

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