Bechtle AG (BC8) PT Set at €52.50 by Commerzbank Ag
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).
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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.
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