Kepler Capital Markets set a €87.00 ($101.16) price objective on Bechtle (ETR:BC8) in a research note released on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

BC8 has been the topic of several other reports. Baader Bank set a €92.00 ($106.98) price target on shares of Bechtle and gave the company a buy rating in a research note on Thursday, April 11th. Hauck & Aufhaeuser set a €63.00 ($73.26) price target on shares of Bechtle and gave the company a sell rating in a research note on Thursday, March 7th. Warburg Research set a €100.00 ($116.28) price target on shares of Bechtle and gave the company a buy rating in a research note on Wednesday, February 6th. DZ Bank reissued a neutral rating on shares of Bechtle in a research note on Monday, March 18th. Finally, Berenberg Bank set a €83.00 ($96.51) price target on shares of Bechtle and gave the company a neutral rating in a research note on Tuesday, April 9th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. Bechtle presently has an average rating of Hold and a consensus target price of €87.22 ($101.42).

Get Bechtle alerts: BC8 opened at €98.20 ($114.19) on Friday. Bechtle has a one year low of €62.05 ($72.15) and a one year high of €100.60 ($116.98). The company has a current ratio of 2.01, a quick ratio of 1.55 and a debt-to-equity ratio of 44.56. The company has a market cap of $4.12 billion and a PE ratio of 30.08.

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.

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