Nord/LB set a €6.50 ($7.56) price target on Kloeckner & Co SE (ETR:KCO) in a report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research firms also recently weighed in on KCO. Kepler Capital Markets set a €5.00 ($5.81) price target on Kloeckner & Co SE and gave the company a sell rating in a research note on Wednesday, May 8th. Deutsche Bank set a €7.50 ($8.72) price target on Kloeckner & Co SE and gave the company a neutral rating in a research note on Thursday, March 14th. Independent Research set a €6.70 ($7.79) price target on Kloeckner & Co SE and gave the company a neutral rating in a research note on Wednesday, February 20th. Jefferies Financial Group set a €7.00 ($8.14) price target on Kloeckner & Co SE and gave the company a neutral rating in a research note on Tuesday, April 23rd. Finally, DZ Bank reissued a neutral rating on shares of Kloeckner & Co SE in a research note on Monday, February 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. Kloeckner & Co SE has a consensus rating of Hold and an average price target of €7.68 ($8.93).
KCO stock opened at €4.67 ($5.43) on Wednesday. The company has a debt-to-equity ratio of 68.87, a quick ratio of 1.12 and a current ratio of 2.49. The firm has a market capitalization of $466.23 million and a PE ratio of 12.67. Kloeckner & Co SE has a twelve month low of €4.59 ($5.34) and a twelve month high of €10.62 ($12.35).
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.
See Also: What is the Rule of 72?
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.