Bechtle (ETR:BC8) PT Set at €150.00 by Deutsche Bank

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Deutsche Bank set a €150.00 ($176.47) target price on Bechtle (ETR:BC8) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Other analysts have also issued reports about the company. Jefferies Financial Group set a €159.00 ($187.06) price target on Bechtle and gave the stock a neutral rating in a research note on Thursday, August 13th. Berenberg Bank set a €155.00 ($182.35) price objective on Bechtle and gave the stock a neutral rating in a research report on Thursday, June 25th. Independent Research set a €175.00 ($205.88) price objective on Bechtle and gave the stock a neutral rating in a research report on Wednesday, August 12th. Hauck & Aufhaeuser set a €80.00 ($94.12) price objective on Bechtle and gave the stock a sell rating in a research report on Monday, May 11th. Finally, Baader Bank set a €169.00 ($198.82) price objective on Bechtle and gave the stock a buy rating in a research report on Wednesday, August 12th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of €145.70 ($171.41).

Shares of ETR:BC8 opened at €161.70 ($190.24) on Monday. The company has a debt-to-equity ratio of 48.73, a current ratio of 1.93 and a quick ratio of 1.29. The business’s 50 day moving average price is €164.24 and its 200-day moving average price is €142.41. The firm has a market capitalization of $6.79 billion and a PE ratio of 38.87. Bechtle has a 1 year low of €79.35 ($93.35) and a 1 year high of €171.70 ($202.00).

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.

See Also: Systematic Risk

Analyst Recommendations for Bechtle (ETR:BC8)

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