Bechtle (ETR:BC8) has been assigned a €76.00 ($88.37) price target by equities researchers at Kepler Capital Markets in a report issued on Thursday. The brokerage presently has a “neutral” rating on the stock. Kepler Capital Markets’ target price points to a potential downside of 3.12% from the company’s previous close.
Several other equities analysts have also issued reports on the stock. Deutsche Bank set a €65.00 ($75.58) price target on shares of Bechtle and gave the stock a “neutral” rating in a report on Thursday, November 15th. Independent Research set a €80.00 ($93.02) price target on shares of Bechtle and gave the stock a “neutral” rating in a report on Friday, November 16th. Warburg Research set a €100.00 ($116.28) price target on shares of Bechtle and gave the stock a “buy” rating in a report on Thursday, January 24th. Baader Bank set a €92.00 ($106.98) price objective on shares of Bechtle and gave the company a “buy” rating in a report on Wednesday, February 6th. Finally, Hauck & Aufhaeuser set a €63.90 ($74.30) price objective on shares of Bechtle and gave the company a “sell” rating in a report on Thursday, November 15th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of €83.63 ($97.24).
ETR BC8 opened at €78.45 ($91.22) on Thursday. The company has a debt-to-equity ratio of 41.99, a quick ratio of 0.99 and a current ratio of 1.45. Bechtle has a 12-month low of €62.05 ($72.15) and a 12-month high of €90.65 ($105.41). The firm has a market capitalization of $3.29 billion and a price-to-earnings ratio of 26.26.
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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