Bechtle AG (ETR:BC8) has been assigned a €52.50 ($61.05) price target by stock analysts at Commerzbank Ag in a research report issued on Friday. The brokerage currently has a “neutral” rating on the stock. Commerzbank Ag’s price objective points to a potential downside of 26.12% from the stock’s current price.

Other equities analysts have also issued reports about the company. Warburg Research set a €63.50 ($73.84) price objective on Bechtle AG and gave the company a “buy” rating in a research note on Monday, August 14th. Kepler Capital Markets set a €65.00 ($75.58) price objective on Bechtle AG and gave the company a “buy” rating in a research note on Thursday, September 14th. DZ Bank AG reiterated a “neutral” rating on shares of Bechtle AG in a report on Wednesday, August 16th. Independent Research GmbH set a €60.00 ($69.77) target price on Bechtle AG and gave the company a “neutral” rating in a report on Friday, August 11th. Finally, Baader Bank set a €56.00 ($65.12) target price on Bechtle AG and gave the company a “neutral” rating in a report on Thursday, August 10th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €63.17 ($73.45).

Bechtle AG (ETR:BC8) opened at €71.06 ($82.63) on Friday. Bechtle AG has a 52 week low of €42.28 ($49.16) and a 52 week high of €73.18 ($85.09).

ILLEGAL ACTIVITY NOTICE: This report was first published by Watch List News and is owned by of Watch List News. If you are viewing this report on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark laws. The legal version of this report can be accessed at https://www.watchlistnews.com/bechtle-ag-bc8-pt-set-at-52-50-by-commerzbank-ag/1697093.html.

Bechtle AG Company Profile

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.

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.