Hauck & Aufhaeuser Analysts Give Bechtle (BC8) a €63.00 Price Target

Bechtle (ETR:BC8) received a €63.00 ($73.26) price target from analysts at Hauck & Aufhaeuser in a research report issued on Monday, Borsen Zeitung reports. The brokerage currently has a “sell” rating on the stock. Hauck & Aufhaeuser’s price target would indicate a potential downside of 38.30% from the company’s previous close.

A number of other analysts have also weighed in on the stock. HSBC set a €106.00 ($123.26) price objective on shares of Bechtle and gave the stock a “buy” rating in a research report on Thursday, May 9th. Kepler Capital Markets set a €87.00 ($101.16) price objective on shares of Bechtle and gave the stock a “neutral” rating in a research report on Monday, April 29th. Independent Research set a €82.00 ($95.35) price objective on shares of Bechtle and gave the stock a “neutral” rating in a research report on Monday, March 18th. Berenberg Bank set a €83.00 ($96.51) price objective on shares of Bechtle and gave the stock a “neutral” rating in a research report on Tuesday, April 9th. Finally, Deutsche Bank set a €75.00 ($87.21) price objective on shares of Bechtle and gave the stock a “neutral” rating in a research report on Thursday, March 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Bechtle currently has an average rating of “Hold” and a consensus target price of €91.00 ($105.81).

Shares of ETR BC8 opened at €102.10 ($118.72) on Monday. The company has a debt-to-equity ratio of 44.56, a quick ratio of 1.55 and a current ratio of 2.01. The stock has a market cap of $4.29 billion and a PE ratio of 31.27. Bechtle has a 12-month low of €62.05 ($72.15) and a 12-month high of €100.60 ($116.98).

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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