Bechtle (BC8) Given a €63.90 Price Target at Hauck & Aufhaeuser

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Bechtle (ETR:BC8) has been assigned a €63.90 ($74.30) price target by research analysts at Hauck & Aufhaeuser in a report released on Thursday. The firm currently has a “sell” rating on the stock. Hauck & Aufhaeuser’s price target suggests a potential downside of 20.87% from the company’s current price.

Several other research firms have also commented on BC8. DZ Bank reaffirmed a “neutral” rating on shares of Bechtle in a research report on Monday, August 13th. Kepler Capital Markets set a €98.00 ($113.95) price target on shares of Bechtle and gave the company a “buy” rating in a research report on Tuesday, August 21st. Baader Bank set a €92.00 ($106.98) price target on shares of Bechtle and gave the company a “buy” rating in a research report on Tuesday, August 14th. Berenberg Bank set a €96.00 ($111.63) price target on shares of Bechtle and gave the company a “buy” rating in a research report on Thursday, July 12th. Finally, Warburg Research set a €93.00 ($108.14) price target on shares of Bechtle and gave the company a “buy” rating in a research report on Thursday, July 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €87.11 ($101.29).

Shares of ETR:BC8 opened at €80.75 ($93.90) on Thursday. Bechtle has a fifty-two week low of €48.83 ($56.78) and a fifty-two week high of €75.40 ($87.67).

About Bechtle

Bechtle AG provides information technology 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, project planning and implementation, system integration, maintenance and training, IT, cloud, and IT operation services.

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Analyst Recommendations for Bechtle (ETR:BC8)

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