Jefferies Financial Group Analysts Give Bechtle (ETR:BC8) a €51.00 Price Target

Bechtle (ETR:BC8 – Get Rating) has been assigned a €51.00 ($54.84) target price by analysts at Jefferies Financial Group in a report issued on Friday, Borsen Zeitung reports. Jefferies Financial Group’s price objective indicates a potential upside of 26.11% from the company’s previous close.

Other research analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft set a €53.00 ($56.99) price target on shares of Bechtle in a research note on Tuesday, January 24th. Baader Bank set a €58.00 ($62.37) price target on shares of Bechtle in a research note on Tuesday, February 7th. Hauck Aufhäuser Investment Banking set a €37.00 ($39.78) price target on shares of Bechtle in a research note on Wednesday, February 8th. Finally, UBS Group set a €36.30 ($39.03) price target on shares of Bechtle in a research note on Wednesday, February 15th.

Bechtle Stock Up 1.3 %

BC8 stock opened at €40.44 ($43.48) on Friday. Bechtle has a 12-month low of €32.45 ($34.89) and a 12-month high of €53.90 ($57.96). The company has a quick ratio of 0.92, a current ratio of 1.73 and a debt-to-equity ratio of 32.36. The company has a market cap of $5.10 billion, a price-to-earnings ratio of 20.74, a PEG ratio of 2.88 and a beta of 0.94. The company has a 50 day moving average of €39.11 and a two-hundred day moving average of €37.11.

Bechtle Company Profile

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Bechtle AG provides information technology (IT) 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 selling, project planning and implementation, system integration, IT services, and training for IT operation.