Bechtle (BC8) Rating Reiterated by DZ Bank

DZ Bank reissued their neutral rating on shares of Bechtle (ETR:BC8) in a report released on Tuesday, Borsen Zeitung reports.

A number of other research analysts have also recently commented on BC8. Baader Bank set a €92.00 ($106.98) price target on Bechtle and gave the company a buy rating in a research report on Thursday, April 11th. Warburg Research set a €100.00 ($116.28) price target on Bechtle and gave the company a buy rating in a research report on Thursday, January 24th. Berenberg Bank set a €83.00 ($96.51) price target on Bechtle and gave the company a neutral rating in a research report on Tuesday, April 9th. Independent Research set a €82.00 ($95.35) price objective on shares of Bechtle and gave the company a neutral rating in a report on Monday, March 18th. Finally, Deutsche Bank set a €75.00 ($87.21) price objective on shares of Bechtle and gave the company a neutral rating in a report on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €93.22 ($108.40).

Bechtle stock opened at €106.70 ($124.07) on Tuesday. Bechtle has a 12 month low of €62.05 ($72.15) and a 12 month high of €105.30 ($122.44). The company has a current ratio of 2.02, a quick ratio of 1.37 and a debt-to-equity ratio of 42.79. The company has a market capitalization of $4.35 billion and a P/E ratio of 31.13.

Bechtle Company Profile

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: Leveraged Buyout (LBO)

Analyst Recommendations for Bechtle (ETR:BC8)

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