Bechtle (ETR:BC8) PT Set at €61.00 by Hauck & Aufhaeuser

Hauck & Aufhaeuser set a €61.00 ($70.93) price objective on Bechtle (ETR:BC8) in a report issued on Tuesday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Other research analysts have also issued research reports about the stock. DZ Bank restated a neutral rating on shares of Bechtle in a research note on Tuesday, May 21st. Kepler Capital Markets set a €150.00 ($174.42) price target on shares of Continental and gave the company a neutral rating in a research note on Friday, May 10th. Deutsche Bank lowered shares of Everest Re Group from a buy rating to a hold rating in a research note on Thursday, March 28th. Warburg Research set a €21.50 ($25.00) price target on shares of Infineon Technologies and gave the company a neutral rating in a research note on Tuesday, June 18th. Finally, Berenberg Bank restated a buy rating and set a GBX 340 ($4.44) price target on shares of Stock Spirits Group in a research note on Tuesday, May 14th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €93.44 ($108.66).

Shares of Bechtle stock opened at €100.00 ($116.28) on Tuesday. The company has a debt-to-equity ratio of 42.79, a current ratio of 2.02 and a quick ratio of 1.37. Bechtle has a 12-month low of €62.05 ($72.15) and a 12-month high of €110.80 ($128.84). The firm has a market cap of $4.20 billion and a price-to-earnings ratio of 29.17. The company’s 50 day moving average is €100.94.

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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