Bechtle (BC8) Earns Neutral Rating from DZ Bank

Bechtle (ETR:BC8)‘s stock had its “neutral” rating restated by equities researchers at DZ Bank in a research note issued on Monday.

A number of other equities analysts have also weighed in on BC8. Independent Research set a €82.00 ($95.35) price objective on shares of Bechtle and gave the company a “neutral” rating in a research report on Monday. Baader Bank set a €92.00 ($106.98) target price on shares of Bechtle and gave the stock a “buy” rating in a research report on Friday. Kepler Capital Markets set a €76.00 ($88.37) target price on shares of Bechtle and gave the stock a “neutral” rating in a research report on Thursday. Hauck & Aufhaeuser set a €63.00 ($73.26) target price on shares of Bechtle and gave the stock a “sell” rating in a research report on Thursday, March 7th. Finally, Warburg Research set a €100.00 ($116.28) target price on shares of Bechtle and gave the stock a “buy” rating in a research report on Wednesday, February 6th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of €83.88 ($97.53).

Shares of BC8 traded down €0.80 ($0.93) during mid-day trading on Monday, reaching €77.65 ($90.29). 101,407 shares of the company’s stock were exchanged, compared to its average volume of 54,276. The company has a current ratio of 1.45, a quick ratio of 0.99 and a debt-to-equity ratio of 41.99. The firm has a market cap of $3.29 billion and a PE ratio of 25.99. Bechtle has a 52-week low of €62.05 ($72.15) and a 52-week high of €90.65 ($105.41).

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.

See Also: Institutional Investors

Analyst Recommendations for Bechtle (ETR:BC8)

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