Deutsche Bank set a €6.70 ($7.79) price objective on Kloeckner & Co SE (ETR:KCO) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other research analysts have also recently issued reports about the company. HSBC set a €9.00 ($10.47) target price on Kloeckner & Co SE and gave the stock a buy rating in a research report on Wednesday, March 13th. UBS Group set a €8.60 ($10.00) target price on Kloeckner & Co SE and gave the stock a buy rating in a research report on Wednesday, January 23rd. Kepler Capital Markets set a €8.00 ($9.30) target price on Kloeckner & Co SE and gave the stock a neutral rating in a research report on Friday, March 15th. DZ Bank reissued a neutral rating on shares of Kloeckner & Co SE in a research report on Wednesday, March 13th. Finally, Independent Research set a €7.20 ($8.37) price objective on Kloeckner & Co SE and gave the company a neutral rating in a research report on Tuesday, January 8th. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Kloeckner & Co SE currently has an average rating of Hold and an average target price of €8.63 ($10.04).
Shares of ETR:KCO opened at €6.31 ($7.34) on Monday. The stock has a market capitalization of $629.42 million and a price-to-earnings ratio of 9.59. The company has a debt-to-equity ratio of 40.62, a quick ratio of 1.01 and a current ratio of 2.33. Kloeckner & Co SE has a 52-week low of €5.82 ($6.76) and a 52-week high of €11.84 ($13.77).
About Kloeckner & Co SE
Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. It operates through Europe and Americas segments. The company's product portfolio includes flat steel products, such as thin sheets and strips, as well as thick sheets; long steel products comprising merchant bars, sectional steel, and beams; tubes und hollow sections that include structural hollow sections, precision tubes, and seamless heavy-wall pipes; stainless steel and high-grade steel, which comprise sheet, profiles, and tubes; aluminum profiles, sheets, strips, and plates; and special products for building installations, roof and wall construction, and water supply.
Featured Story: Golden Cross
Receive News & Ratings for Kloeckner & Co SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kloeckner & Co SE and related companies with MarketBeat.com's FREE daily email newsletter.