Deutsche Bank Reiterates “€60.00” Price Target for Bechtle (BC8)

Deutsche Bank set a €60.00 ($74.07) target price on Bechtle (ETR:BC8) in a research report released on Tuesday. The firm currently has a neutral rating on the stock.

Several other research analysts have also recently issued reports on the company. Commerzbank set a €62.50 ($77.16) price target on Bechtle and gave the stock a neutral rating in a research note on Monday. Independent Research set a €72.00 ($88.89) price target on Bechtle and gave the stock a neutral rating in a research note on Monday, February 12th. Warburg Research set a €80.00 ($98.77) price target on Bechtle and gave the stock a buy rating in a research note on Monday, February 12th. Finally, DZ Bank reissued a neutral rating on shares of Bechtle in a research note on Thursday, January 25th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. Bechtle currently has a consensus rating of Hold and an average target price of €68.50 ($84.57).

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Bechtle (ETR:BC8) opened at €67.90 ($83.83) on Tuesday. The company has a market capitalization of $2,920.00 and a price-to-earnings ratio of 25.24. Bechtle has a 52 week low of €48.83 ($60.28) and a 52 week high of €75.40 ($93.09).

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Bechtle 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.

Analyst Recommendations for Bechtle (ETR:BC8)

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