Bechtle AG (BC8) Given a €65.00 Price Target by Kepler Capital Markets Analysts
Bechtle AG (ETR:BC8) has been given a €65.00 ($77.38) price target by analysts at Kepler Capital Markets in a research report issued to clients and investors on Thursday. The brokerage currently has a “buy” rating on the stock.
BC8 has been the subject of a number of other reports. DZ Bank AG reiterated a “neutral” rating on shares of Bechtle AG in a report on Saturday, May 20th. Baader Bank set a €112.00 ($133.33) target price on shares of Bechtle AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Commerzbank Ag set a €105.00 ($125.00) target price on shares of Bechtle AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Independent Research GmbH set a €60.00 ($71.43) target price on shares of Bechtle AG and gave the stock a “neutral” rating in a report on Friday, August 11th. Finally, Warburg Research set a €63.50 ($75.60) target price on shares of Bechtle AG and gave the stock a “buy” rating in a report on Monday, August 14th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of €69.90 ($83.21).
Shares of Bechtle AG (ETR:BC8) opened at 62.074 on Thursday. Bechtle AG has a 12 month low of €56.50 and a 12 month high of €62.37. The company’s 50-day moving average is €59.41 and its 200 day moving average is €94.05. The stock has a market capitalization of €2.61 billion and a P/E ratio of 23.911.
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About Bechtle AG
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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