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).
TRADEMARK VIOLATION WARNING: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another website, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The original version of this report can be viewed at https://ledgergazette.com/2017/11/13/bechtle-ag-bc8-pt-set-at-80-00-by-warburg-research.html.
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.
Receive News & Ratings for Bechtle AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bechtle AG and related companies with MarketBeat.com's FREE daily email newsletter.