Shares of Bechtle AG (ETR:BC8) have earned an average rating of “Hold” from the ten research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is €138.11 ($155.18).

BC8 has been the topic of a number of research reports. DZ Bank restated a “neutral” rating on shares of Bechtle in a report on Monday, May 11th. Deutsche Bank set a €135.00 ($151.69) price target on Bechtle and gave the company a “neutral” rating in a report on Tuesday, May 12th. Berenberg Bank set a €155.00 ($174.16) target price on Bechtle and gave the stock a “neutral” rating in a report on Thursday, June 25th. Independent Research set a €160.00 ($179.78) target price on Bechtle and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Finally, Hauck & Aufhaeuser set a €80.00 ($89.89) target price on Bechtle and gave the stock a “sell” rating in a report on Monday, May 11th.

Shares of Bechtle stock traded up €0.50 ($0.56) during trading on Friday, reaching €160.20 ($180.00). The stock had a trading volume of 52,351 shares, compared to its average volume of 54,276. The company has a market capitalization of $6.63 billion and a price-to-earnings ratio of 38.39. The stock has a fifty day moving average price of €153.61 and a two-hundred day moving average price of €133.89. Bechtle has a 52 week low of €79.35 ($89.16) and a 52 week high of €165.40 ($185.84). The company has a current ratio of 1.93, a quick ratio of 1.29 and a debt-to-equity ratio of 48.73.

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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