ubs lowers bechtle target price but maintains neutral rating

Bechtle's target price has been revised by UBS, with a reduction from €44.60 to €36. Despite this, UBS has maintained a "Neutral" rating for the company.

Analyst Michael Briest has observed that Bechtle is currently facing short-term challenges, as indicated by their third-quarter results. Earnings estimates for Bechtle have been adjusted downward by up to five percent until 2026. Briest has also adjusted his assessment model by removing a previously considered valuation swing, reflecting a more cautious outlook for the company.

This update is a continuation of the original study published on November 14, 2024, and highlights the ongoing market pressures that may impact Bechtle's performance in the near future.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings