Berenberg Bank Analysts Give Bechtle (ETR:BC8) a €105.00 Price Target

Berenberg Bank set a €105.00 ($122.09) target price on Bechtle (ETR:BC8) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

BC8 has been the subject of several other reports. Warburg Research set a €110.00 ($127.91) target price on Bechtle and gave the company a buy rating in a research report on Friday, March 20th. Hauck & Aufhaeuser set a €80.00 ($93.02) target price on Bechtle and gave the company a neutral rating in a research report on Tuesday, March 17th. Kepler Capital Markets set a €138.00 ($160.47) target price on Bechtle and gave the company a neutral rating in a research report on Friday, March 20th. Independent Research set a €100.00 ($116.28) target price on Bechtle and gave the company a neutral rating in a research report on Friday, March 20th. Finally, DZ Bank reaffirmed a neutral rating on shares of Bechtle in a research report on Tuesday, February 4th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has an average rating of Hold and an average target price of €105.56 ($122.74).

Shares of Bechtle stock opened at €104.50 ($121.51) on Tuesday. Bechtle has a 1 year low of €76.40 ($88.84) and a 1 year high of €149.00 ($173.26). The firm has a market cap of $4.41 billion and a PE ratio of 27.40. The stock has a fifty day moving average price of €122.78 and a 200-day moving average price of €114.75. The company has a debt-to-equity ratio of 40.84, a current ratio of 2.09 and a quick ratio of 1.38.

About Bechtle

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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