Bechtle AG (BC8) Given Consensus Rating of “Buy” by Analysts

Bechtle AG (ETR:BC8) has been given an average rating of “Buy” by the nine research firms that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is €86.49 ($100.57).

Several research firms have commented on BC8. Baader Bank set a €92.00 ($106.98) price objective on shares of Bechtle and gave the company a “buy” rating in a report on Friday, October 12th. Commerzbank set a €97.00 ($112.79) price objective on shares of Bechtle and gave the company a “buy” rating in a report on Friday, October 12th. Kepler Capital Markets set a €98.00 ($113.95) price objective on shares of Bechtle and gave the company a “buy” rating in a report on Wednesday, November 14th. Warburg Research set a €100.00 ($116.28) price objective on shares of Bechtle and gave the company a “buy” rating in a report on Wednesday, November 14th. Finally, Independent Research set a €80.00 ($93.02) price objective on shares of Bechtle and gave the company a “neutral” rating in a report on Friday, November 16th.

Shares of ETR:BC8 opened at €69.10 ($80.35) on Friday. Bechtle has a fifty-two week low of €48.83 ($56.78) and a fifty-two week high of €75.40 ($87.67).

About Bechtle

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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