Berenberg Bank set a €85.00 ($98.84) target price on Bechtle (ETR:BC8) in a research note released on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
BC8 has been the topic of a number of other research reports. Baader Bank set a €92.00 ($106.98) target price on shares of Bechtle and gave the company a buy rating in a research report on Thursday, April 11th. Hauck & Aufhaeuser set a €63.00 ($73.26) target price on shares of Bechtle and gave the company a sell rating in a research report on Thursday, March 7th. Warburg Research set a €100.00 ($116.28) target price on shares of Bechtle and gave the company a buy rating in a research report on Tuesday, March 19th. DZ Bank reiterated a neutral rating on shares of Bechtle in a research report on Monday, March 18th. Finally, Kepler Capital Markets set a €76.00 ($88.37) target price on shares of Bechtle and gave the company a neutral rating in a research report on Thursday, March 14th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of €91.00 ($105.81).
Shares of ETR BC8 opened at €102.80 ($119.53) on Tuesday. The company has a market capitalization of $4.32 billion and a PE ratio of 31.49. Bechtle has a 52-week low of €62.05 ($72.15) and a 52-week high of €100.60 ($116.98). The company has a debt-to-equity ratio of 44.56, a quick ratio of 1.55 and a current ratio of 2.01.
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.
See Also: What is Cost of Debt?
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.