Bechtle AG (ETR:BC8) has been given a €60.00 ($70.59) target price by stock analysts at Independent Research GmbH in a report issued on Friday. The brokerage currently has a “neutral” rating on the stock.

A number of other research firms have also commented on BC8. Baader Bank set a €56.00 ($65.88) price target on shares of Bechtle AG and gave the company a “neutral” rating in a report on Thursday. Commerzbank Ag set a €105.00 ($123.53) price target on shares of Bechtle AG and gave the company a “neutral” rating in a report on Saturday, May 20th. DZ Bank AG reiterated a “neutral” rating on shares of Bechtle AG in a report on Saturday, May 20th. Warburg Research set a €120.00 ($141.18) price target on shares of Bechtle AG and gave the company a “buy” rating in a report on Saturday, May 20th. Finally, Kepler Capital Markets set a €126.00 ($148.24) price target on shares of Bechtle AG and gave the company a “buy” rating in a report on Friday, June 23rd. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €93.40 ($109.88).

Shares of Bechtle AG (ETR BC8) opened at 57.55 on Friday. Bechtle AG has a 52-week low of €56.65 and a 52-week high of €116.16. The firm has a market capitalization of €2.42 billion and a PE ratio of 22.73. The stock’s 50 day moving average is €93.08 and its 200 day moving average is €100.74.

COPYRIGHT VIOLATION WARNING: This piece was first posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this piece can be accessed at https://www.watchlistnews.com/bechtle-ag-bc8-given-a-60-00-price-target-by-independent-research-gmbh-analysts/1471727.html.

About Bechtle AG

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)

Receive News & Ratings for Bechtle AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bechtle AG and related companies with Analyst Ratings Network's FREE daily email newsletter.