Bechtle AG (BC8.F) (ETR:BC8) Receives Buy Rating from DZ Bank

DZ Bank reaffirmed their buy rating on shares of Bechtle AG (BC8.F) (ETR:BC8) in a report published on Thursday morning, Borsen Zeitung reports.

A number of other equities analysts have also recently weighed in on BC8. Warburg Research set a €175.00 ($205.88) price target on shares of Bechtle AG (BC8.F) and gave the stock a buy rating in a research report on Tuesday. Independent Research set a €175.00 ($205.88) price target on shares of Bechtle AG (BC8.F) and gave the stock a neutral rating in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft set a €150.00 ($176.47) price target on shares of Bechtle AG (BC8.F) and gave the stock a neutral rating in a research report on Friday, October 9th. Jefferies Financial Group set a €159.00 ($187.06) price objective on shares of Bechtle AG (BC8.F) and gave the company a neutral rating in a research report on Thursday, August 13th. Finally, Baader Bank set a €169.00 ($198.82) price objective on shares of Bechtle AG (BC8.F) and gave the company a buy rating in a research report on Monday. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. Bechtle AG (BC8.F) has an average rating of Hold and an average target price of €145.70 ($171.41).

Shares of ETR BC8 opened at €149.10 ($175.41) on Thursday. The company’s fifty day moving average is €168.62 and its 200-day moving average is €158.40. The stock has a market cap of $6.26 billion and a price-to-earnings ratio of 35.41. Bechtle AG has a twelve month low of €79.35 ($93.35) and a twelve month high of €181.80 ($213.88). The company has a quick ratio of 1.27, a current ratio of 1.96 and a debt-to-equity ratio of 57.15.

About Bechtle AG (BC8.F)

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 selling, project planning and implementation, system integration, IT services, and training for IT operation.

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Analyst Recommendations for Bechtle AG (BC8.F) (ETR:BC8)

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