Commerzbank Ag set a €52.50 ($61.76) target price on Bechtle AG (ETR:BC8) in a research report sent to investors on Thursday morning. The firm currently has a neutral rating on the stock.
BC8 has been the subject of several other reports. Baader Bank set a €56.00 ($65.88) price target on Bechtle AG and gave the stock a neutral rating in a research report on Thursday, August 10th. Independent Research GmbH set a €60.00 ($70.59) price target on Bechtle AG and gave the stock a neutral rating in a research report on Friday, August 11th. Kepler Capital Markets set a €65.00 ($76.47) price target on Bechtle AG and gave the stock a buy rating in a research report on Thursday, September 14th. DZ Bank AG reiterated a neutral rating on shares of Bechtle AG in a research report on Wednesday, August 16th. Finally, Warburg Research set a €63.50 ($74.71) price target on Bechtle AG and gave the stock a buy rating in a research report on Monday, August 14th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Bechtle AG currently has an average rating of Hold and a consensus target price of €59.80 ($70.35).
Bechtle AG (ETR:BC8) opened at 68.616 on Thursday. Bechtle AG has a 52-week low of €42.61 and a 52-week high of €70.55. The stock’s 50 day moving average price is €64.30 and its 200-day moving average price is €58.29. The company has a market capitalization of €2.88 billion and a P/E ratio of 26.431.
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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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