Several other equities analysts also recently weighed in on BC8. Baader Bank set a €112.00 ($133.33) target price on shares of Bechtle AG and gave the company a neutral rating in a report on Tuesday, July 11th. DZ Bank AG restated a neutral rating on shares of Bechtle AG in a report on Saturday, May 20th. Commerzbank Ag set a €105.00 ($125.00) target price on shares of Bechtle AG and gave the company a neutral rating in a report on Saturday, May 20th. Warburg Research set a €120.00 ($142.86) target price on shares of Bechtle AG and gave the company a buy rating in a report on Saturday, May 20th. Finally, Independent Research GmbH set a €110.00 ($130.95) target price on shares of Bechtle AG and gave the company a neutral rating in a report on Saturday, May 20th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold and an average target price of €69.90 ($83.21).
Bechtle AG (ETR:BC8) traded down 0.468% during mid-day trading on Thursday, hitting €62.074. 177 shares of the stock were exchanged. Bechtle AG has a one year low of €56.50 and a one year high of €62.37. The company has a 50-day moving average price of €59.39 and a 200-day moving average price of €94.27. The company has a market cap of €2.61 billion and a P/E ratio of 23.911.
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Bechtle AG 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.
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