Berenberg Bank Analysts Give Bechtle (BC8) a €96.00 Price Target

Berenberg Bank set a €96.00 ($109.09) price objective on Bechtle (ETR:BC8) in a research note issued to investors on Monday morning. The firm currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on BC8. Baader Bank set a €74.00 ($84.09) target price on Bechtle and gave the stock a buy rating in a report on Wednesday, April 18th. Warburg Research set a €90.00 ($102.27) target price on Bechtle and gave the stock a buy rating in a report on Wednesday, May 2nd. Commerzbank set a €62.50 ($71.02) target price on Bechtle and gave the stock a neutral rating in a report on Wednesday, May 9th. Kepler Capital Markets set a €69.00 ($78.41) target price on Bechtle and gave the stock a neutral rating in a report on Wednesday, May 9th. Finally, Independent Research set a €80.00 ($90.91) target price on Bechtle and gave the stock a neutral rating in a report on Monday, May 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of €83.63 ($95.03).

Shares of Bechtle stock opened at €87.00 ($98.86) on Monday. Bechtle has a 1-year low of €48.83 ($55.49) and a 1-year high of €75.40 ($85.68).

About Bechtle

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.

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Analyst Recommendations for Bechtle (ETR:BC8)

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