Baader Bank set a €110.00 ($127.91) price objective on Bechtle (ETR:BC8) in a research report report published on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities research analysts have also recently issued reports on BC8. DZ Bank reiterated a neutral rating on shares of Bechtle in a research report on Tuesday, February 4th. Warburg Research set a €110.00 ($127.91) price objective on shares of Bechtle and gave the company a buy rating in a research report on Friday, March 20th. Kepler Capital Markets set a €138.00 ($160.47) price objective on shares of Bechtle and gave the company a neutral rating in a research report on Friday, March 20th. Berenberg Bank set a €105.00 ($122.09) price objective on shares of Bechtle and gave the company a neutral rating in a research report on Tuesday. Finally, Hauck & Aufhaeuser set a €80.00 ($93.02) price objective on shares of Bechtle and gave the company a neutral rating in a research report on Tuesday, March 17th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Bechtle currently has a consensus rating of Hold and a consensus target price of €105.56 ($122.74).
Shares of Bechtle stock opened at €104.50 ($121.51) on Tuesday. The stock has a market capitalization of $4.41 billion and a P/E ratio of 27.40. The company has a quick ratio of 1.38, a current ratio of 2.09 and a debt-to-equity ratio of 40.84. The company has a 50-day simple moving average of €122.78 and a 200 day simple moving average of €114.75. Bechtle has a 12-month low of €76.40 ($88.84) and a 12-month high of €149.00 ($173.26).
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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