Bechtle AG (BC8) Receives Average Rating of “Hold” from Brokerages

Bechtle AG (ETR:BC8) has received a consensus recommendation of “Hold” from the seven brokerages that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is €67.92 ($78.97).

Several equities analysts recently weighed in on BC8 shares. Baader Bank set a €56.00 ($65.12) price objective on shares of Bechtle AG and gave the company a “neutral” rating in a research report on Thursday, August 10th. Independent Research GmbH set a €60.00 ($69.77) price objective on shares of Bechtle AG and gave the company a “neutral” rating in a research report on Friday, August 11th. Warburg Research set a €63.50 ($73.84) price objective on shares of Bechtle AG and gave the company a “buy” rating in a research report on Monday, August 14th. DZ Bank AG reaffirmed a “neutral” rating on shares of Bechtle AG in a research report on Wednesday, August 16th. Finally, Kepler Capital Markets set a €65.00 ($75.58) price objective on shares of Bechtle AG and gave the company a “buy” rating in a research report on Thursday, September 14th.

Shares of Bechtle AG (BC8) opened at €70.93 ($82.48) on Monday. Bechtle AG has a fifty-two week low of €42.28 ($49.16) and a fifty-two 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.

Analyst Recommendations for Bechtle AG (ETR:BC8)

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