Hauck & Aufhaeuser Analysts Give Bechtle (ETR:BC8) a €60.00 Price Target

Hauck & Aufhaeuser set a €60.00 ($69.77) price objective on Bechtle (ETR:BC8) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

A number of other equities research analysts also recently commented on BC8. Baader Bank set a €112.00 ($130.23) target price on Bechtle and gave the stock a neutral rating in a report on Friday, August 9th. Independent Research set a €100.00 ($116.28) target price on Bechtle and gave the stock a neutral rating in a report on Wednesday, August 14th. DZ Bank reaffirmed a neutral rating on shares of Bechtle in a report on Wednesday, August 14th. Warburg Research set a €110.00 ($127.91) target price on Bechtle and gave the stock a buy rating in a report on Monday, August 12th. Finally, Berenberg Bank set a €85.00 ($98.84) target price on Bechtle and gave the stock a neutral rating in a report on Tuesday, May 14th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of €92.89 ($108.01).

Bechtle stock opened at €88.75 ($103.20) on Monday. The company has a quick ratio of 1.32, a current ratio of 2.00 and a debt-to-equity ratio of 51.72. Bechtle has a 52 week low of €62.05 ($72.15) and a 52 week high of €110.80 ($128.84). The company has a market capitalization of $3.73 billion and a price-to-earnings ratio of 24.45. The stock has a 50-day moving average price of €98.08 and a 200 day moving average price of €90.90.

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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