Bechtle AG (ETR:BC8) has earned a consensus rating of “Hold” from the ten ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is €93.44 ($108.66).
A number of research analysts have recently commented on the stock. Deutsche Bank lowered shares of Everest Re Group from a “buy” rating to a “hold” rating in a research report on Thursday, March 28th. Hauck & Aufhaeuser set a €61.00 ($70.93) price objective on shares of Bechtle and gave the company a “sell” rating in a research report on Tuesday. Independent Research set a €104.00 ($120.93) price objective on shares of Bechtle and gave the company a “neutral” rating in a research report on Tuesday, May 14th. Warburg Research set a €21.50 ($25.00) price objective on shares of Infineon Technologies and gave the company a “neutral” rating in a research report on Tuesday, June 18th. Finally, Kepler Capital Markets set a €150.00 ($174.42) price objective on shares of Continental and gave the company a “neutral” rating in a research report on Friday, May 10th.
Shares of BC8 traded up €1.50 ($1.74) during trading hours on Friday, reaching €101.50 ($118.02). 73,218 shares of the company traded hands, compared to its average volume of 54,276. The firm has a fifty day moving average of €100.93. The firm has a market cap of $4.26 billion and a PE ratio of 29.61. The company has a current ratio of 2.02, a quick ratio of 1.37 and a debt-to-equity ratio of 42.79. Bechtle has a 1-year low of €62.05 ($72.15) and a 1-year high of €110.80 ($128.84).
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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