Bechtle (ETR:BC8) PT Set at €51.00 by Jefferies Financial Group

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

BC8 has been the topic of several other reports. UBS Group set a €36.30 ($39.03) price target on Bechtle in a research report on Wednesday, February 15th. Hauck Aufhäuser Investment Banking set a €37.00 ($39.78) price target on Bechtle in a research report on Wednesday, February 8th. Deutsche Bank Aktiengesellschaft set a €53.00 ($56.99) price objective on Bechtle in a research note on Tuesday, January 24th. Finally, Baader Bank set a €58.00 ($62.37) price objective on Bechtle in a research note on Tuesday, February 7th.

Bechtle Stock Performance

BC8 stock opened at €40.44 ($43.48) on Friday. The company has a current ratio of 1.73, a quick ratio of 0.92 and a debt-to-equity ratio of 32.36. The firm has a market cap of $5.10 billion, a P/E ratio of 20.74, a P/E/G ratio of 2.88 and a beta of 0.94. Bechtle has a 12-month low of €32.45 ($34.89) and a 12-month high of €53.90 ($57.96). The stock’s 50 day simple moving average is €39.11 and its 200 day simple moving average is €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.