Bechtle (ETR:BC8) received a €100.00 ($116.28) target price from research analysts at Warburg Research in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. Warburg Research’s price target would suggest a potential upside of 33.96% from the company’s current price.
Other analysts also recently issued research reports about the company. Kepler Capital Markets set a €98.00 ($113.95) price objective on Bechtle and gave the stock a “buy” rating in a research note on Tuesday, August 21st. Hauck & Aufhaeuser set a €61.00 ($70.93) price objective on Bechtle and gave the stock a “sell” rating in a research note on Monday, August 13th. Baader Bank set a €83.00 ($96.51) target price on Bechtle and gave the stock a “buy” rating in a report on Tuesday, August 7th. Independent Research set a €90.00 ($104.65) target price on Bechtle and gave the stock a “neutral” rating in a report on Monday, August 13th. Finally, Commerzbank set a €97.00 ($112.79) target price on Bechtle and gave the stock a “buy” rating in a report on Friday, September 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €87.11 ($101.29).
ETR:BC8 opened at €74.65 ($86.80) on Wednesday. Bechtle has a 1 year low of €48.83 ($56.78) and a 1 year high of €75.40 ($87.67).
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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