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

Hauck & Aufhaeuser set a €63.90 ($74.30) target price on Bechtle (ETR:BC8) in a report released on Monday morning. The brokerage currently has a sell rating on the stock.

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

Shares of ETR BC8 opened at €88.85 ($103.31) on Monday. 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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