Bechtle (ETR:BC8) PT Set at €110.00 by HSBC

HSBC set a €110.00 ($127.91) target price on Bechtle (ETR:BC8) in a research report report published on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other research analysts have also recently issued reports about the stock. Independent Research set a €104.00 ($120.93) target price on shares of Bechtle and gave the company a neutral rating in a research note on Tuesday, May 14th. Hauck & Aufhaeuser set a €61.00 ($70.93) target price on shares of Bechtle and gave the company a sell rating in a research note on Friday. Berenberg Bank set a €85.00 ($98.84) target price on shares of Bechtle and gave the company a neutral rating in a research note on Tuesday, May 14th. Kepler Capital Markets set a €87.00 ($101.16) target price on shares of Bechtle and gave the company a neutral rating in a research note on Friday, May 10th. Finally, Baader Bank set a €112.00 ($130.23) target price on shares of Bechtle and gave the company a neutral rating in a research note on Friday. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of €93.44 ($108.66).

BC8 opened at €87.80 ($102.09) on Monday. The company has a current ratio of 2.02, a quick ratio of 1.37 and a debt-to-equity ratio of 50.91. The stock has a market capitalization of $3.69 billion and a PE ratio of 25.61. Bechtle has a twelve month low of €62.05 ($72.15) and a twelve month high of €110.80 ($128.84). The company has a 50-day moving average of €100.40.

About Bechtle

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.

Further Reading: Bid-Ask Spread

Analyst Recommendations for Bechtle (ETR:BC8)

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