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

Several other equities analysts also recently weighed in on BC8. Warburg Research set a €110.00 ($127.91) price target on Bechtle and gave the stock a buy rating in a research report on Monday. Berenberg Bank set a €85.00 ($98.84) price target on Bechtle and gave the stock a neutral rating in a research report on Tuesday, May 14th. Hauck & Aufhaeuser set a €61.00 ($70.93) price target on Bechtle and gave the stock a sell rating in a research report on Friday, August 9th. Independent Research set a €104.00 ($120.93) price target on Bechtle and gave the stock a neutral rating in a research report on Tuesday, May 14th. Finally, Kepler Capital Markets set a €87.00 ($101.16) price objective on Bechtle and gave the company a neutral rating in a research report on Friday, May 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of €93.00 ($108.14).

Bechtle stock opened at €85.65 ($99.59) on Monday. The company has a debt-to-equity ratio of 50.91, a quick ratio of 1.37 and a current ratio of 2.02. The stock has a fifty day moving average of €99.78 and a two-hundred day moving average of €90.79. The company has a market capitalization of $3.60 billion and a price-to-earnings ratio of 24.99. Bechtle has a fifty-two week low of €62.05 ($72.15) and a fifty-two week high of €110.80 ($128.84).

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.

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Analyst Recommendations for Bechtle (ETR:BC8)

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