Kepler Capital Markets Reiterates “€65.00” Price Target for Bechtle AG (BC8)
BC8 has been the subject of a number of other research reports. DZ Bank AG restated a neutral rating on shares of Bechtle AG in a report on Saturday, May 20th. Baader Bank set a €112.00 ($133.33) price objective on shares of Bechtle AG and gave the stock a neutral rating in a report on Saturday, May 20th. Commerzbank Ag set a €105.00 ($125.00) price objective on shares of Bechtle AG and gave the stock a neutral rating in a report on Saturday, May 20th. Independent Research GmbH set a €60.00 ($71.43) price objective on shares of Bechtle AG and gave the stock a neutral rating in a report on Friday, August 11th. Finally, Warburg Research set a €63.50 ($75.60) price objective on shares of Bechtle AG and gave the stock a buy rating in a report on Monday, August 14th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of €69.90 ($83.21).
Bechtle AG (BC8) opened at 62.074 on Thursday. The firm has a market capitalization of €2.61 billion and a price-to-earnings ratio of 23.911. Bechtle AG has a 1-year low of €56.50 and a 1-year high of €116.16. The stock’s 50 day moving average is €59.41 and its 200 day moving average is €94.05.
About Bechtle AG
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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