Analysts Set Bechtle AG (ETR:BC8) Price Target at €93.44

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 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.

Featured Article: Moving Average Convergence Divergence (MACD)

Analyst Recommendations for Bechtle (ETR:BC8)

Receive News & Ratings for Bechtle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bechtle and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit