Bechtle AG (ETR:BC8) received a €56.00 ($65.88) price target from research analysts at Baader Bank in a research note issued on Thursday. The brokerage currently has a “neutral” rating on the stock.

Several other research firms also recently commented on BC8. Kepler Capital Markets set a €126.00 ($148.24) target price on shares of Bechtle AG and gave the stock a “buy” rating in a research report on Friday, June 23rd. Warburg Research set a €120.00 ($141.18) target price on shares of Bechtle AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. DZ Bank AG reissued a “neutral” rating on shares of Bechtle AG in a research report on Saturday, May 20th. Commerzbank Ag set a €105.00 ($123.53) target price on shares of Bechtle AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Finally, Independent Research GmbH set a €110.00 ($129.41) target price on shares of Bechtle AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of €103.40 ($121.65).

Bechtle AG (ETR:BC8) opened at 58.549 on Thursday. The firm has a market cap of €2.46 billion and a PE ratio of 23.124. The firm’s 50 day moving average price is €94.63 and its 200-day moving average price is €101.04. Bechtle AG has a 52 week low of €56.65 and a 52 week high of €116.16.

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Bechtle AG Company Profile

Bechtle AG is a Germany-based provider of information technology (IT) systems and technology. The Company operates through two segments: IT System House and Managed Services, and IT E-Commerce. The IT System House and Managed Services segment comprises the sale of hardware, software and applications, as well as project planning and roll-out, system integration, maintenance and training, the provision of cloud services and the operation of customer IT.

Analyst Recommendations for Bechtle AG (ETR:BC8)

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