Bechtle AG (BC8) Given Neutral Rating at DZ Bank AG

DZ Bank AG reissued their neutral rating on shares of Bechtle AG (ETR:BC8) in a research note issued to investors on Monday morning.

Other research analysts also recently issued research reports about the stock. Kepler Capital Markets set a €65.00 ($75.58) price objective on shares of Bechtle AG and gave the stock a buy rating in a research report on Thursday, September 14th. Warburg Research set a €63.50 ($73.84) price objective on shares of Bechtle AG and gave the stock a buy rating in a research report on Monday, August 14th. Berenberg Bank set a €80.00 ($93.02) price objective on shares of Bechtle AG and gave the stock a buy rating in a research report on Wednesday, November 8th. Commerzbank Ag set a €52.50 ($61.05) price objective on shares of Bechtle AG and gave the stock a neutral rating in a research report on Thursday, October 26th. Finally, Baader Bank set a €58.00 ($67.44) price objective on shares of Bechtle AG and gave the stock a neutral rating in a research report on Thursday, October 19th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €67.92 ($78.97).

Bechtle AG (ETR BC8) traded up €0.58 ($0.67) during midday trading on Monday, reaching €70.28 ($81.72). 94,526 shares of the company’s stock were exchanged, compared to its average volume of 68,590. Bechtle AG has a 1-year low of €42.28 ($49.16) and a 1-year high of €72.80 ($84.65).

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Bechtle AG Company Profile

Bechtle AG provides information technology services in Germany and internationally. The company operates through 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 roll-out, system integration, IT services and training, cloud, and IT operation services.

Analyst Recommendations for Bechtle AG (ETR:BC8)

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