Bechtle AG (BC8) Given a €80.00 Price Target by Warburg Research Analysts

Bechtle AG (ETR:BC8) has been given a €80.00 ($93.02) price objective by equities research analysts at Warburg Research in a research report issued to clients and investors on Monday. The brokerage currently has a “buy” rating on the stock. Warburg Research’s target price points to a potential upside of 13.83% from the stock’s current price.

Several other research firms also recently issued reports on BC8. 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, November 10th. 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, November 10th. Kepler Capital Markets set a €65.00 ($75.58) price objective on Bechtle AG and gave the stock a “buy” rating in a report on Friday, November 10th. 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 restated a “neutral” rating on shares of Bechtle AG in a report on Wednesday, August 16th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of €67.92 ($78.97).

Shares of Bechtle AG (BC8) opened at €70.28 ($81.72) on Monday. Bechtle AG has a 1 year low of €42.28 ($49.16) and a 1 year high of €72.80 ($84.65).

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About Bechtle AG

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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