Shares of Bechtle AG (ETR:BC8) have been given a consensus recommendation of “Hold” by the six ratings firms that are covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is €93.40 ($109.88).

Several equities analysts have issued reports on BC8 shares. DZ Bank AG reiterated a “neutral” rating on shares of Bechtle AG in a research report on Saturday, May 20th. Baader Bank set a €112.00 ($131.76) price objective on Bechtle AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. Commerzbank Ag set a €105.00 ($123.53) price objective on Bechtle AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. Kepler Capital Markets set a €126.00 ($148.24) price objective on Bechtle AG and gave the company a “buy” rating in a research report on Friday, June 23rd. Finally, Independent Research GmbH set a €60.00 ($70.59) price objective on Bechtle AG and gave the company a “neutral” rating in a research report on Friday.

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Bechtle AG (ETR:BC8) opened at 58.038 on Friday. Bechtle AG has a one year low of €42.61 and a one year high of €62.15. The stock’s 50 day moving average price is €58.02 and its 200-day moving average price is €53.38. The firm has a market capitalization of €2.44 billion and a price-to-earnings ratio of 22.922.

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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