Commerzbank Analysts Give Bechtle (BC8) a €62.50 Price Target
Several other research firms have also recently weighed in on BC8. DZ Bank reissued a neutral rating on shares of Bechtle in a report on Thursday, January 25th. Independent Research set a €72.00 ($88.89) price objective on shares of Bechtle and gave the company a neutral rating in a report on Monday, February 12th. Finally, Warburg Research set a €80.00 ($98.77) price objective on shares of Bechtle and gave the company a buy rating in a report on Monday, February 12th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of €68.50 ($84.57).
Bechtle stock opened at €70.10 ($86.54) on Monday. Bechtle has a twelve month low of €48.83 ($60.28) and a twelve month high of €75.40 ($93.09). The firm has a market cap of $2,920.00 and a P/E ratio of 26.06.
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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