Is Bertrandt (ETR:BDT) a Stock One Should Buy Following Today’s Hauck & Aufhäuser Privatbankiers KGaA Upgrade?


Bertrandt (ETR:BDT) Stock Upgrade

Hauck & Aufhäuser Privatbankiers KGaA has hiked shares of Bertrandt (ETR:BDT) to a respectable Buy rating in a very recent research note disseminated today, and has set an estimated 12-month price target of EUR 142.00, which is 38.54% from BDT’s share price currently.

From a total of 5 analysts covering Bertrandt (ETR:BDT) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is €150 while the lowest target price is €105. The mean of all analyst targets is €130.75 with a 27.44% above today’s (€102.6) stock price. Bertrandt was the topic of 18 analyst reports since July 17, 2015 according to the firm StockzIntelligence Inc. DZ-Bank AG upgraded shares on December 15 to “Buy” rating. Warburg Research upgraded BDT stock in a recent report from December 11 to “Buy” rating. Finally, Bankhaus Lampe upgraded the stock to “Buy” rating in a report issued on a December 10.

The stock decreased 0.39% or EUR 0.4 on December 15, striking EUR 102.6. Approximately 29,019 shares of stock traded hands or 16.11% up from the average. Bertrandt AG (ETR:BDT) has declined 18.03% since May 19, 2015 and is downtrending. It has underperformed by 14.35% the S&P500.

 Is Bertrandt (ETR:BDT) a Stock One Should Buy Following Today’s Hauck & Aufhäuser Privatbankiers KGaA Upgrade?

Bertrandt AG is a Germany-based company that develops individual solutions for the international automotive and aviation industries in Europe, China and the United States. The company has a market cap of 1.04 billion EUR. It provides technical and commercial services throughout Germany in sectors such as electrical engineering, energy, mechanical engineering and medical technology. It has 16.52 P/E ratio. The Company’s services include all process steps in the project phases of conceptual design, product design, development, modeling, tool production, vehicle construction and production planning right through to start of production and production support.