Bechtle AG (BC8) PT Set at €72.00 by Independent Research GmbH

Bechtle AG (ETR:BC8) has been given a €72.00 ($83.72) target price by research analysts at Independent Research GmbH in a research note issued on Tuesday. The firm currently has a “neutral” rating on the stock. Independent Research GmbH’s price objective indicates a potential upside of 3.06% from the company’s previous close.

BC8 has been the subject of several other reports. Baader Bank set a €58.00 ($67.44) price objective on Bechtle AG and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Kepler Capital Markets set a €65.00 ($75.58) price objective on Bechtle AG and gave the stock a “buy” rating in a research report on Friday. Berenberg Bank set a €80.00 ($93.02) price objective on Bechtle AG and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Commerzbank Ag set a €52.50 ($61.05) price objective on Bechtle AG and gave the stock a “neutral” rating in a research report on Thursday, October 26th. Finally, DZ Bank AG reiterated a “neutral” rating on shares of Bechtle AG in a research report on Wednesday, August 16th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of €67.92 ($78.97).

Bechtle AG (ETR BC8) opened at €69.86 ($81.23) on Tuesday. Bechtle AG has a 52-week low of €42.28 ($49.16) and a 52-week high of €72.80 ($84.65).

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About Bechtle AG

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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