Bechtle AG (BC8) PT Set at €80.00 by Warburg Research

Bechtle AG (ETR:BC8) has been assigned a €80.00 ($93.02) target price by equities research analysts at Warburg Research in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock. Warburg Research’s target price suggests a potential upside of 15.87% from the company’s previous close.

Several other equities analysts have also commented on the company. Kepler Capital Markets set a €65.00 ($75.58) target price on Bechtle AG and gave the company a “buy” rating in a report on Friday. Baader Bank set a €58.00 ($67.44) price objective on Bechtle AG and gave the stock a “neutral” rating in a report on Friday. Commerzbank Ag set a €52.50 ($61.05) price objective on Bechtle AG and gave the stock a “neutral” rating in a report on Friday. Berenberg Bank set a €80.00 ($93.02) price objective on Bechtle AG and gave the stock a “buy” rating in a report on Wednesday, November 8th. Finally, DZ Bank AG reaffirmed a “neutral” rating on shares of Bechtle AG in a report on Wednesday, August 16th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of €65.92 ($76.65).

Shares of Bechtle AG (BC8) opened at €69.04 ($80.28) on Monday. Bechtle AG has a 12-month low of €42.28 ($49.16) and a 12-month high of €73.18 ($85.09).

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Bechtle AG Company Profile

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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