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).
WARNING: This article was first posted by Transcript Daily and is owned by of Transcript Daily. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at https://transcriptdaily.com/2017/11/15/bechtle-ag-bc8-given-a-80-00-price-target-by-warburg-research-analysts.html.
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.
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.