Price targets

Analyst ratings

6 analysts rated this company in the past 90 days. The average target price is €45.83, this is a change of +31.0% compared to the current price.

• September 18, 2025

  UBS maintains Bechtle's 'Buy' rating - target EUR 45

  ZURICH (dpa-AFX Analyst) - Following a meeting with managers from its investor relations department, Swiss bank UBS has maintained its rating for Bechtle at "Buy" with a price target of €45. Christopher Tong wrote in a study released Thursday that September is the most important month of the current quarter for the IT service provider. Demand from German states and municipalities is said to have improved, while a certain degree of reluctance was still evident at the federal level. Meanwhile, the recent adoption of the 2025 budget by the Bundestag could potentially be the decisive trigger for a return to growth at the federal level./rob/la/nas

  Publication of the original study: September 18, 2025 / 2:26 p.m. / GMT. First distribution of the original study: September 18, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 8, 2025

  UBS maintains Bechtle's 'Buy' rating - target EUR 45

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Bechtle with a price target of €45. As Natasha Brilliant wrote in a study published Tuesday, the IT services provider is on a "Top 20" list of particularly compelling investment ideas in the small to medium-sized enterprise segment in Continental Europe. Shares of companies in this size segment are generally still trading at significantly discounted prices. Other German companies include Delivery Hero, Knorr-Bremse, Ströer, and Zalando./tih/gl

  Publication of the original study: September 8, 2025 / 8:50 a.m. / GMT First distribution of the original study: September 8, 2025 / 8:50 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 27, 2025

  Jefferies maintains Bechtle at 'Buy' - target 48 euros

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Buy" rating for Bechtle with a price target of €48. After the prolonged underperformance of shares of mid-sized European companies, the experts explore the opportunities in their analysis published Thursday. The German government investment package and a possible ceasefire in Ukraine provide a good basis for a reassessment of growth sectors and cyclical companies. In Germany, they primarily rely on Befesa, Fuchs, PVA Tepla, Sixt, Bechtle, and Cancom./ag/mis

  Publication of the original study: August 27, 2025 / 1:52 PM / ET

  First distribution of the original study: August 27, 2025 / 7:00 PM / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 11, 2025

  UBS maintains Bechtle's 'Buy' rating - target EUR 45

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Bechtle following its second-quarter results, with a price target of €45. These figures were solid, wrote Christopher Tong in a study published Tuesday. There are already signs of a recovery for the IT service provider./rob/bek/la

  Publication of the original study: August 11, 2025 / 4:11 p.m. / GMT First distribution of the original study: August 12, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 8, 2025

  Berenberg maintains Bechtle on 'Hold' - Target 38 euros

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Hold" rating for Bechtle following its second-quarter results, with a price target of €38. Nicole Winkler wrote in a study published Monday that there are signs of recovery for the IT service provider. In terms of revenue, international business offset the weakness in the domestic market./rob/bek/mis

  Publication of the original study: August 8, 2025 / 4:12 p.m. / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 8, 2025

  UBS maintains Bechtle's 'Buy' rating - target EUR 45

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Bechtle following the company's earnings release, with a price target of €45. Christopher Tong, in a study released Friday, expects a positive price reaction, as business volumes accelerated in the second quarter. He also mentioned that pre-tax profit was higher than the analyst consensus./rob/tih/zb

  Publication of the original study: August 8, 2025 / 6:40 a.m. / GMT

  First distribution of the original study: August 8, 2025 / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 8, 2025

  Warburg Research maintains Bechtle's 'Buy' rating - target EUR 44

  HAMBURG (dpa-AFX Analyser) - The analyst firm Warburg Research has maintained its "Buy" rating for Bechtle after the company's results, with a price target of €44. At first glance, the IT service provider showed signs of improvement in the second quarter, wrote Andreas Wolf in a study released Friday. The decline in pre-tax profit was smaller than in the first quarter./rob/tih/men

  Publication of the original study: August 8, 2025 / 8:15 a.m. / Time zone not specified in study

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 8, 2025

  Jefferies maintains Bechtle at 'Buy' - target 48 euros

  NEW YORK (dpa-AFX Analyst) - Following its quarterly results, analyst Jefferies maintained its "Buy" rating for Bechtle with a price target of €48. The IT service provider's outlook is significantly more optimistic compared to competitor Cancom's profit warning last week, wrote Martin Comtesse in an initial reaction released Friday. With business volume growth of 5 percent and margins that have increased compared to the previous quarter, he sees the company at a turning point for the better./rob/edh/nas

  Publication of the original study: August 8, 2025 / 2:13 a.m. / Time zone not specified in the study

  First distribution of the original study: August 8, 2025 / 2:13 a.m. / Time zone not specified in the study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 8, 2025

  Baader Bank maintains Bechtle's 'Buy' rating - target 51 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Bechtle following its quarterly results, with a price target of €51. Profitability exceeded the consensus estimate, wrote Knut Woller in an initial reaction released on Friday. The IT service provider also reported improved operating momentum in the first quarter and confirmed its annual targets./rob/edh/bek

  Publication of the original study: August 8, 2025 / 8:14 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• August 1, 2025

  Warburg Research maintains Bechtle's 'Buy' rating - target EUR 44

  HAMBURG (dpa-AFX Analyser) - The analyst firm Warburg Research has maintained its "Buy" rating for Bechtle ahead of the company's earnings release, with a price target of €44. The second quarter is likely to have been just as weak for the IT service provider as the first quarter, wrote Andreas Wolf in a study released Friday. However, the company remains well positioned to benefit from structural digitalization trends, the migration to Windows 10, and increasing public spending./rob/tih/mis

  Publication of the original study: August 1, 2025 / 8:15 a.m. / Time zone not specified in study

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 22, 2025

  Jefferies maintains Bechtle at 'Buy' - target 48 euros

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its "Buy" rating for Bechtle ahead of earnings, with a price target of €48. Profits are likely to have remained under pressure in the second quarter due to ongoing cost pressure, Martin Comtesse wrote in a study released Tuesday. Even the improved order momentum does not change this. It lowered its earnings (EPS) estimate for 2025. The market, however, is likely to overlook the weak year and bet on the German recovery story./rob/mf/gl

  Publication of the original study: July 22, 2025 / 3:29 a.m. / Time zone not specified in the study. First distribution of the original study: July 22, 2025 / 3:29 a.m. / Time zone not specified in the study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• July 11, 2025

  UBS maintains Bechtle's 'Buy' rating - 'Top pick among resellers'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Buy" rating for Bechtle with a price target of €45. In an outlook on the second-quarter reporting season for European resellers, analyst Christopher Tong singled out the German IT service provider's shares as a "top pick," expecting the beginning of a recovery. He relegated Computacenter to second place on Friday. Although Bechtle faced a difficult period in 2023 and 2024, Tong now expects a return to growth across the board and cites several reasons for this./ck/ag

  Publication of the original study: July 11, 2025 / 12:08 / GMT

  First distribution of the original study: July 11, 2025 / 12:08 / GMT

  Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 26, 2025

  Warburg Research sees profit warning risk at Bechtle

  HAMBURG (dpa-AFX Analyst) - IT service provider Bechtle is on the list of companies for which the analyst firm Warburg Research fears a profit warning for 2025. This year's "Warburg Guide to Warnings" comes at a time of heightened economic and geopolitical tensions, analyst Robert-Jan van der Horst wrote on Thursday. As the second-quarter reporting season approaches, the White House's tariff decisions for the EU are due in July, which are likely to prompt some companies to adjust their annual targets. Van der Horst lists 16 companies at risk of profit warnings and nine with potential surprises. Bechtle is fundamentally rated "Buy" with a price target of €44./ag/la

  Publication of the original study: June 26, 2025 / 12:45 PM / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 18, 2025

  Jefferies maintains Bechtle at 'Buy' - target 48 euros

  NEW YORK (dpa-AFX Analyst) - After a discussion with CEO Thomas Olemotz, analyst Jefferies has maintained its rating for Bechtle at "Buy" with a price target of €48. Although there are initial signs of improving sentiment, companies appear to be considering investments again, Martin Comtesse wrote in a study released Wednesday. However, one cannot yet speak of a consistent trend./rob/bek/ajx

  Publication of the original study: June 18, 2025 / 10:14 AM / Time zone not specified in the study

  First distribution of the original study: June 18, 2025 / 10:14 AM / Time zone not specified in the study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• June 17, 2025

  Warburg Research maintains Bechtle's 'Buy' rating - target EUR 44

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Bechtle at "Buy" with a price target of €44. The IT service provider's weak first quarter is likely to linger in the second quarter, Andreas Wolf wrote on Tuesday after a conference. A recovery is likely after that./rob/ajx/jha/

  Publication of the original study: June 17, 2025 / 2:00 PM / Time zone not specified in study

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 23, 2025

  Jefferies lowers target for Bechtle to 48 euros - 'Buy'

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies lowered its price target for Bechtle from €50 to €48, but maintained its "Buy" rating. Following the company's quarterly reports, Martin Comtesse adjusted his estimates for many mid-sized companies in German-speaking countries in his analysis published Monday. The reports were generally weak, but most stocks are doing well this year given Germany's investment plans. He believes investors should take advantage of opportunities to reduce their exposure to the US and increase their exposure to Europe. It favors locally oriented companies with independent supply chains./tih/ag

  Publication of the original study: May 23, 2025 / 3:29 PM / ET

  First distribution of the original study: May 25, 2025 / 8:00 AM / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 15, 2025

  Berenberg maintains Bechtle on 'Hold' - Target 38 euros

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Hold" rating for Bechtle with a price target of €38. With the first-quarter earnings figures published last week, the IT service provider had an expectedly weak start to the year, Nicole Winkler wrote in a study released Friday. Nevertheless, the annual outlook was confirmed, which she considers ambitious./rob/edh/niw

  Publication of the original study: May 15, 2025 / 4:37 PM / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 12, 2025

  Baader Bank maintains Bechtle's 'Buy' rating - target 51 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Bechtle following its quarterly results, with a price target of €51. The IT service provider has experienced a slow start to 2025, wrote Knut Woller in a study released Monday. However, the positive momentum intensified from March onwards and is expected to continue to grow in the second half of the year./rob/edh/gl

  Publication of the original study: May 12, 2025 / 10:34 a.m. / CEST. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 12, 2025

  Deutsche Bank Research raises target for Bechtle to 49 euros - 'Buy'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Bechtle from €48 to €49 and maintained its "Buy" rating. The final quarterly figures were in line with the preliminary key figures, Lars Vom-Cleff wrote in a study released Monday. 2025 still holds a wealth of opportunities for the IT service provider./edh/ck

  Publication of the original study: May 12, 2025 / Time not specified in the study / CEST

  First distribution of the original study: May 12, 2025 / 8:07 a.m. / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• May 9, 2025

  Jefferies maintains Bechtle at 'Buy' - target 50 euros

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained a "Buy" rating on Bechtle with a price target of €50. The IT service provider's final quarterly figures do not contain many surprises, given the extensive key data already published in advance, Martin Comtesse wrote in a response released Friday. The positive development in March and April increased confidence./rob/gl/ajx

  Publication of the original study: May 9, 2025 / 2:01 a.m. / ET First distribution of the original study: May 9, 2025 / 2:01 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 28, 2025

  Deutsche Bank Research maintains Bechtle's 'Buy' rating - target EUR 48

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its "Buy" rating for Bechtle following preliminary quarterly figures, with a price target of €48. Earnings before taxes missed the consensus estimate by 25 percent, wrote analyst Lars Vom-Cleff in a study released Monday. However, this contrasts with the IT service provider's more positive business performance in April./edh/ck

  Publication of the original study: April 28, 2025 / Time not specified in the study / CEST

  First distribution of the original study: April 28, 2025 / 8:00 a.m. / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 28, 2025

  Warburg Research maintains Bechtle's 'Buy' rating - target €45

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Bechtle at "Buy" with a price target of €45 following the first-quarter results. The IT service provider's start to the year was weak, as expected, wrote analyst Andreas Wolf in a study released on Monday. The decline in pre-tax profit was even more pronounced than expected./bek/ck

  Publication of the original study: April 28, 2025 / 8:15 a.m. / CEST

  First distribution of the original study: April 28, 2025 / Time not specified in study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 25, 2025

  Baader Bank maintains Bechtle's 'Buy' rating - target 51 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its rating for Bechtle at "Buy" with a price target of €51 following its quarterly results. The IT service provider's profitability, in particular, was a negative surprise, wrote analyst Knut Woller in an initial response released Friday. However, the annual targets were confirmed./edh/mis

  Publication of the original study: April 25, 2025 / 9:40 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 25, 2025

  Jefferies maintains Bechtle at 'Buy' - target 50 euros

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies has maintained its rating for Bechtle at "Buy" with a price target of €50 following preliminary quarterly figures. The key figures significantly missed market expectations, wrote analyst Martin Comtesse in an initial reaction released Friday. One positive aspect is the IT service provider's confirmed annual outlook./edh/mis

  Publication of the original study: April 25, 2025 / 3:18 a.m. / ET

  First distribution of the original study: April 25, 2025 / 3:18 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• April 9, 2025

  Jefferies maintains Bechtle at 'Buy' - target 50 euros

  NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has maintained a "Buy" rating on Bechtle with a price target of €50. He doesn't predict a bottom yet, but currently sees the best opportunity in five years to buy structural winners, wrote analyst Raj Jilka in a report released Wednesday. The IT service provider Bechtle is the largest independent provider of IT infrastructure and services in the DACH region and a leading IT infrastructure reseller in Europe./ck/ajx

  Publication of the original study: April 9, 2025 / 5:44 a.m. / ET

  First distribution of the original study: April 9, 2025 / 6:00 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 28, 2025

  Berenberg lowers target for Bechtle to 38 euros - 'Hold'

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has lowered its price target for Bechtle from €39 to €38 and maintained its "Hold" rating. Predicting business performance remains difficult, wrote analyst Nicole Winkler in a review published Monday of the IT service provider's final business figures and annual targets, which were published in mid-March. The company lowered its earnings (EPS) estimates for the years up to 2027, citing the outlook and the further forward-looking valuation period for the stock./gl/mis

  Publication of the original study: March 28, 2025 / 5:36 PM / GMT. First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 24, 2025

  Baader Bank raises target for Bechtle to 51 euros - 'Buy'

  MUNICH (dpa-AFX Analyst) - Baader Bank has raised its price target for Bechtle from €50 to €51 and maintained its "Buy" rating. The IT service provider's operating momentum will improve starting this year, analyst Knut Woller wrote in a study released Monday. The second half of the year is expected to be particularly strong. With lowered forecasts for 2025 and 2026, it is still above consensus estimates./bek/tih

  Publication of the original study: March 24, 2025 / 10:00 a.m. / CET

  First distribution of the original study: March 24, 2025 / Time not specified in the study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 18, 2025

  Warburg Research maintains Bechtle's 'Buy' rating - target €45

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its "Buy" rating for Bechtle with a price target of €45. Analyst Andreas Wolf adjusted his estimates in his commentary published on Tuesday to reflect the 2024 figures and provided detailed forecasts through 2027. The environment is weak, but a recovery is expected from the second half of the year./ag/men

  Publication of the original study: March 18, 2025 / 8:15 a.m. / CET

  First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• March 14, 2025

  UBS maintains Bechtle at 'Neutral' - Target 36 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its "Neutral" rating on Bechtle following its final quarterly results, with a price target of €36. Analyst Michael Briest gave the IT service provider a weak outlook in an assessment released Friday./gl/edh

  Publication of the original study: March 14, 2025 / 10:04 / GMT First distribution of the original study: March 14, 2025 / 10:04 / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• February 5, 2025

  Baader Bank maintains Bechtle's 'Buy' rating - target 50 euros

  MUNICH (dpa-AFX Analyst) - Baader Bank has maintained its "Buy" rating for Bechtle with a price target of €50. In terms of profitability, Bechtle slightly exceeded expectations, analyst Knut Woller wrote on Wednesday following the IT service provider's preliminary fourth-quarter figures. The momentum in the decline in pre-tax profit is weakening. Woller sees the glass as half full rather than half empty./ajx/ag

  Publication of the original study: February 5, 2025 / 8:53 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 25, 2025

  UBS maintains Bechtle at 'Neutral' - Target 36 euros

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Bechtle at "Neutral" with a price target of €36. Given the collapse of the "traffic light" coalition in Germany, the IT service provider may have suffered from sluggish demand in the fourth quarter, analyst Michael Briest wrote in a study released Monday. The public sector accounted for 40 percent of revenue in 2023 as a whole. In addition, competitor Cancom significantly lowered its forecast for the fourth quarter in light of political uncertainty./niw/tih

  Publication of the original study: January 25, 2025 / 11:46 PM / GMT

  First distribution of the original study: January 25, 2025 / 11:46 PM / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 10, 2025

  Warburg Research maintains Bechtle's 'Buy' rating - target €45

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Bechtle at "Buy" with a price target of €45. Investments in artificial intelligence (AI) in the software and IT industry are likely to continue to increase, analyst Andreas Wolf wrote on Friday in an outlook for 2025. IT remains a growth market with AI as an important growth driver./ajx

  Publication of the original study: January 10, 2025 / 8:35 a.m. / CET. First distribution of the original study: Date not specified in study / Time not specified in study / CET.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• January 10, 2025

  Warburg Research lowers target for Bechtle to 45 euros - 'Buy'

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has lowered its price target for Bechtle from €51 to €45, but maintained its "Buy" rating. The IT service provider is likely to offer a cautious outlook for the current year, analyst Andreas Wolf wrote in a study released Friday. However, the weakness is cyclical. Bechtle continues to gain market share./mf/zb

  Publication of the original study: January 10, 2025 / 8:15 a.m. / CET

  First distribution of the original study: Date not specified in the study / Time not specified in the study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 17, 2024

  Jefferies names Bechtle one of Europe's 'Top Picks' - 'Buy'

  NEW YORK (dpa-AFX Analyst) - The research firm Jefferies has named Bechtle one of its "Top Picks" in Europe for 2025. As analyst Raj Jilka wrote in a strategy report released Tuesday, the general argument for investors to invest in the US next year is well known. However, the valuation difference compared to European companies is simply too large to ignore. Against this backdrop, the expert maintained a "Buy" rating for Bechtle with a price target of €50, citing the fact that many negative developments have been factored into the share price. However, the IT service provider should be among the main beneficiaries if small and medium-sized companies become more willing to invest again.

  Publication of the original study: December 17, 2024 / 8:47 a.m. / ET

  First distribution of the original study: December 17, 2024 / 12:00 p.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• December 13, 2024

  Deutsche Bank Research maintains Bechtle's 'Buy' rating - target EUR 49

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Bechtle at "Buy" in its outlook for 2025, with a price target of €49. Analyst Michael Kuhn and his colleagues remain optimistic about the shares of small and medium-sized European companies in their strategy paper published Friday. The experts identified four reasons for this: valuation, the advantage of falling interest rates, profit potential, and their typically disproportionate increase in an environment of generally rising stock markets./tih/ag

  Publication of the original study: December 13, 2024 / 7:47 a.m. / GMT

  First distribution of the original study: December 13, 2024 / 8:07 a.m. / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 15, 2024

  Baader Bank lowers target for Bechtle to 50 euros - 'Buy'

  MUNICH (dpa-AFX Analyst) - Baader Bank has lowered its price target for Bechtle from €59 to €50 following the company's results and an outlook it described as "no longer realistic." However, analyst Knut Woller maintained the rating at "Buy" in a study released Friday, as the expert expects the IT service provider's operational momentum to improve from 2025 onwards. However, intact structural growth drivers are currently facing economic headwinds./tih/ajx

  Publication of the original study: November 15, 2024 / 9:00 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 14, 2024

  UBS lowers target for Bechtle to 36 euros - 'Neutral'

  ZURICH (dpa-AFX Analyst) - Swiss bank UBS has lowered its price target for Bechtle from €44.60 to €36, but left its rating at "neutral." Analyst Michael Briest wrote in a follow-up note on Thursday evening that the third quarter showed that the short-term headwinds are becoming increasingly strong. His earnings estimates through 2026 are lowering by up to five percent. He also removed a previously considered valuation fluctuation from his valuation model./ag/tih

  Publication of the original study: November 14, 2024 / 7:04 p.m. / GMT

  First distribution of the original study: November 15, 2024 / Time not specified in the study / GMT

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 12, 2024

  Deutsche Bank Research lowers target for Bechtle to 49 euros - 'Buy'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for Bechtle from €52 to €49 following quarterly results, but maintained its "Buy" rating. Due to the IT service provider's significant decline in earnings before interest and taxes (EBT), it has reduced its EBT forecasts for 2025 and 2026, analyst Lars Vom-Cleff wrote in a study released Tuesday. Small and medium-sized enterprises continued to hold back on IT investments./edh/mis

  Publication of the original study: November 12, 2024 / Time not specified in the study / CET

  First distribution of the original study: November 12, 2024 / 7:59 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 8, 2024

  Jefferies lowers target for Bechtle to 50 euros - 'Buy'

  NEW YORK (dpa-AFX Analyst) - The analyst firm Jefferies lowered its price target for Bechtle from €58 to €50 following the IT services provider's quarterly results, but maintained its "Buy" rating. After management scrapped its 2024 annual targets in October, there has been little new news, analyst Martin Comtesse wrote in a report released Friday. It reduced its earnings (EPS) forecast for 2025 by 7 percent./edh/he

  Publication of the original study: November 8, 2024 / 10:39 a.m. / ET

  First distribution of the original study: November 8, 2024 / 11:30 a.m. / ET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• November 8, 2024

  Warburg Research maintains Bechtle's 'Buy' rating - target 51 euros

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its "Buy" rating for Bechtle with a price target of €51. The results reflect the weak market environment, wrote analyst Andreas Wolf in his commentary on the quarterly report published Friday. He intends to adjust his estimates accordingly./ag/mis

  Publication of the original study: November 8, 2024 / 8:15 a.m. / CET

  First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 29, 2024

  Berenberg downgrades Bechtle to 'Hold' - target down to 39 euros

  HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has downgraded Bechtle from "Buy" to "Hold" and lowered its price target from €52 to €39. Nicole Winkler wrote in her analysis published Wednesday that the IT service provider's business in the coming year is difficult to predict. She sees little room for margin improvement./ag/zb

  Publication of the original study: October 29, 2024 / 5:36 p.m. / GMT

  First distribution of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 22, 2024

  Baader Bank maintains Bechtle's 'Buy' rating - target EUR 59

  MUNICH (dpa-AFX Analyst) - Following preliminary quarterly figures and reduced annual targets, Baader Bank has maintained its rating for Bechtle at "Buy" with a price target of €59. The IT service provider and retailer's profitability was disappointing, wrote analyst Knut Woller in an initial reaction on Tuesday. He was surprised by the extent of the decline in pre-tax profit. He stated that he would have to lower his estimates, but at the same time spoke of attractive prospects for the coming year, when a PC refresh cycle should benefit the company./bek/ajx

  Publication of the original study: October 22, 2024 / 11:46 a.m. / CEST

  First distribution of the original study: October 22, 2024 / Time not specified in the study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 11, 2024

  Deutsche Bank Research maintains Bechtle's 'Buy' rating - target 52 euros

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained a "Buy" rating on Bechtle with a price target of €52. It looks unlikely that the company's business with smaller customers will recover significantly this year, wrote analyst Lars Vom-Cleff in an outlook on the company's quarterly results released on Friday on November 8. Furthermore, the German government's ongoing budget negotiations are not exactly helpful with regard to the public sector. However, the investments are only being postponed, and the IT service provider is prepared for a renewed increase in demand./gl/ag

  Publication of the original study: October 11, 2024 / 8:05 a.m. / CET First distribution of the original study: Date not specified in study / Time not specified in study / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 10, 2024

  Warburg Research maintains Bechtle's 'Buy' rating - target 51 euros

  HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its rating for Bechtle at "Buy" with a price target of €51. The capital markets day highlighted the opportunities in the public sector, especially in the Netherlands, wrote analyst Andreas Wolf in his commentary published on Thursday./ag/ajx

  Publication of the original study: October 10, 2024 / 8:15 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 9, 2024

  Jefferies maintains Bechtle at 'Buy' - target 58 euros

  NEW YORK (dpa-AFX Analyst) - Following its capital markets day and ahead of the upcoming quarterly results, analyst Jefferies maintained a "Buy" rating on Bechtle with a price target of €58. The focus was on the IT service provider's expertise in international projects in the public sector, wrote analyst Martin Comtesse in a report published Wednesday. The tone regarding current business remained unchanged. It provided some interesting insights into structural market developments. Among other things, the German public sector business will be crucial for achieving the previously lowered forecast for the 2024 fiscal year. Early federal elections represent the greatest potential short-term risk.

  Publication of the original study: October 9, 2024 / 1:48 PM / ET. First distribution of the original study: October 9, 2024 / 1:48 PM / ET.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• October 9, 2024

  Baader Bank maintains Bechtle's 'Buy' rating - target EUR 59

  MUNICH (dpa-AFX Analyst) - Following a capital markets day on the international public sector, Baader Bank maintained a "buy" rating on Bechtle with a price target of €59. Recent quarterly figures from IT retailers such as TD Synnex and hardware manufacturers such as Dell indicate that the third quarter of the year may also have been difficult for the sector, wrote analyst Knut Woller in a study published Wednesday. A few larger software deals could make the difference here. Woller believes Bechtle will achieve its annual targets, but the final quarter will be crucial. Looking beyond 2024, the outlook is brighter. The PC renewal cycle is likely to provide a tailwind./ajx/he

  Publication of the original study: October 9, 2024 / 3:09 PM / CEST. First distribution of the original study: Date not specified in study / Time not specified in study / CEST.

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 10, 2024

  Deutsche Bank Research lowers target for Bechtle to 52 euros - 'Buy'

  FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research lowered its price target for Bechtle from €54 to €52, but maintained its "Buy" rating. Small and medium-sized customers in particular continued to hold back, wrote analyst Lars Vom-Cleff in his commentary published on Tuesday with a view to the upcoming Capital Markets Day./ag/gl

  Publication of the original study: September 10, 2024 / Time not specified in study / CET First distribution of the original study: September 10, 2024 / 8:07 a.m. / CET

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

• September 5, 2024

  Baader Bank lowers target for Bechtle to 59 euros - 'Buy'

  MUNICH (dpa-AFX Analyst) - Baader Bank has lowered its price target for Bechtle from €63 to €59, but maintained its "Buy" rating. The IT service provider has solid structural growth drivers but is likely to experience short-term economic headwinds, wrote analyst Knut Woller in a study released Thursday. It lowered its estimates for the years up to 2026 following a disappointing second quarter and lowered business targets for this year./tih/ck

  Publication of the original study: September 5, 2024 / 8:18 a.m. / CEST

  First distribution of the original study: Date not specified in study / Time not specified in study / CEST

  Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.