Hauck & Aufhaeuser Reiterates “€63.90” Price Target for Bechtle (BC8)

Hauck & Aufhaeuser set a €63.90 ($74.30) target price on Bechtle (ETR:BC8) in a research note issued to investors on Wednesday morning. The firm currently has a sell rating on the stock.

Several other research firms also recently weighed in on BC8. Commerzbank set a €97.00 ($112.79) target price on shares of Bechtle and gave the stock a buy rating in a research note on Monday, July 23rd. Warburg Research set a €93.00 ($108.14) target price on shares of Bechtle and gave the stock a buy rating in a research note on Friday, August 10th. Baader Bank set a €83.00 ($96.51) target price on shares of Bechtle and gave the stock a buy rating in a research note on Tuesday, August 7th. Berenberg Bank set a €96.00 ($111.63) price objective on shares of Bechtle and gave the company a buy rating in a research report on Monday, August 13th. Finally, Kepler Capital Markets set a €98.00 ($113.95) price objective on shares of Bechtle and gave the company a buy rating in a research report on Thursday, September 13th. One investment 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 has a consensus rating of Hold and an average target price of €87.11 ($101.29).

BC8 opened at €78.25 ($90.99) on Wednesday. Bechtle has a twelve month low of €48.83 ($56.78) and a twelve month high of €75.40 ($87.67).

Bechtle Company Profile

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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