Kepler Capital Markets set a €8.00 ($9.30) target price on Kloeckner & Co SE (ETR:KCO) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other brokerages have also issued reports on KCO. Jefferies Financial Group set a €7.00 ($8.14) target price on Kloeckner & Co SE and gave the company a neutral rating in a research report on Tuesday, April 23rd. Goldman Sachs Group set a €6.40 ($7.44) price objective on Kloeckner & Co SE and gave the stock a neutral rating in a report on Tuesday, March 12th. DZ Bank reissued a neutral rating on shares of Kloeckner & Co SE in a report on Wednesday, March 13th. Independent Research set a €6.90 ($8.02) price objective on Kloeckner & Co SE and gave the stock a neutral rating in a report on Tuesday, March 12th. Finally, Deutsche Bank set a €7.50 ($8.72) price objective on Kloeckner & Co SE and gave the stock a neutral rating in a report on Thursday, March 14th. Nine investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of Hold and an average price target of €8.63 ($10.04).
Shares of Kloeckner & Co SE stock opened at €6.13 ($7.13) on Tuesday. Kloeckner & Co SE has a 1 year low of €5.82 ($6.76) and a 1 year high of €10.62 ($12.35). The firm has a market cap of $611.47 million and a PE ratio of 9.32. The company has a quick ratio of 1.01, a current ratio of 2.33 and a debt-to-equity ratio of 40.62.
Kloeckner & Co SE Company Profile
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.
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