Warburg Research Reiterates “€110.00” Price Target for Bechtle (ETR:BC8)

Share on StockTwits

Warburg Research set a €110.00 ($127.91) price objective on Bechtle (ETR:BC8) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

BC8 has been the subject of a number of other research reports. Kepler Capital Markets set a €87.00 ($101.16) target price on Bechtle and gave the stock a neutral rating in a report on Friday, May 10th. HSBC set a €110.00 ($127.91) target price on Bechtle and gave the stock a buy rating in a report on Thursday, June 6th. Independent Research set a €104.00 ($120.93) target price on Bechtle and gave the stock a neutral rating in a report on Tuesday, May 14th. Hauck & Aufhaeuser set a €61.00 ($70.93) target price on Bechtle and gave the stock a sell rating in a report on Friday, August 9th. Finally, DZ Bank reaffirmed a neutral rating on shares of Bechtle in a report on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of €93.00 ($108.14).

Bechtle stock opened at €85.65 ($99.59) on Monday. The company has a quick ratio of 1.37, a current ratio of 2.02 and a debt-to-equity ratio of 50.91. Bechtle has a 52 week low of €62.05 ($72.15) and a 52 week high of €110.80 ($128.84). The company has a market capitalization of $3.60 billion and a price-to-earnings ratio of 24.99. The stock has a 50-day moving average price of €99.78 and a 200 day moving average price of €90.79.

Bechtle Company Profile

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.

Recommended Story: What Is An Exchange-Traded Fund (ETF)?

Analyst Recommendations for Bechtle (ETR:BC8)

Receive News & Ratings for Bechtle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bechtle and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.