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.