Several other brokerages have also commented on BC8. DZ Bank reiterated a neutral rating on shares of Bechtle in a research note on Monday, November 13th. Commerzbank set a €52.50 ($64.81) price target on shares of Bechtle and gave the company a neutral rating in a research note on Thursday, October 26th. Baader Bank set a €58.00 ($71.60) target price on shares of Bechtle and gave the stock a neutral rating in a research report on Thursday, October 19th. Independent Research set a €72.00 ($88.89) target price on shares of Bechtle and gave the stock a neutral rating in a research report on Tuesday, November 14th. Finally, Berenberg Bank set a €80.00 ($98.77) target price on shares of Bechtle and gave the stock a buy rating in a research report on Wednesday, November 8th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of Hold and an average target price of €67.92 ($83.85).
Bechtle (BC8) opened at €71.30 ($88.02) on Monday. The company has a market cap of $2,990.00 and a P/E ratio of 26.51. Bechtle has a one year low of €48.13 ($59.42) and a one year high of €75.40 ($93.09).
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.
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