Bechtle (ETR:BC8) has been given a €97.00 ($112.79) target price by equities researchers at Commerzbank in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Commerzbank’s price target suggests a potential upside of 8.20% from the company’s previous close.

A number of other research analysts have also weighed in on BC8. Kepler Capital Markets set a €80.00 ($93.02) price objective on shares of Bechtle and gave the company a “neutral” rating in a research note on Thursday, May 17th. Berenberg Bank set a €92.00 ($106.98) price objective on shares of Bechtle and gave the company a “buy” rating in a research note on Tuesday, May 29th. Hauck & Aufhaeuser set a €61.00 ($70.93) price objective on shares of Bechtle and gave the company a “sell” rating in a research note on Thursday, June 7th. Baader Bank set a €83.00 ($96.51) price objective on shares of Bechtle and gave the company a “buy” rating in a research note on Tuesday, July 10th. Finally, Warburg Research set a €93.00 ($108.14) price objective on shares of Bechtle and gave the company a “buy” rating in a research note on Thursday, July 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. Bechtle presently has a consensus rating of “Hold” and a consensus price target of €85.88 ($99.85).

Bechtle stock opened at €89.65 ($104.24) on Friday. Bechtle has a 1-year low of €48.83 ($56.78) and a 1-year high of €75.40 ($87.67).

Bechtle Company Profile

Bechtle AG provides information technology services primarily in Europe. The company operates in 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 implementation, system integration, maintenance and training, IT, cloud, and IT operation services.

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Analyst Recommendations for Bechtle (ETR:BC8)

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