Kloeckner & Co SE (KCO) Given a €6.90 Price Target at Independent Research
Kloeckner & Co SE (ETR:KCO) received a €6.90 ($8.02) price target from equities researchers at Independent Research in a research report issued on Tuesday. The firm currently has a “neutral” rating on the stock. Independent Research’s price target points to a potential upside of 0.51% from the company’s previous close.
A number of other analysts have also recently weighed in on the stock. Goldman Sachs Group set a €6.40 ($7.44) target price on shares of Kloeckner & Co SE and gave the stock a “neutral” rating in a report on Tuesday. Jefferies Financial Group set a €6.50 ($7.56) target price on shares of Kloeckner & Co SE and gave the stock a “neutral” rating in a report on Tuesday. Baader Bank set a €10.50 ($12.21) target price on shares of Kloeckner & Co SE and gave the stock a “neutral” rating in a report on Monday, February 18th. DZ Bank reissued a “neutral” rating on shares of Kloeckner & Co SE in a report on Monday, February 18th. Finally, UBS Group set a €8.60 ($10.00) target price on shares of Kloeckner & Co SE and gave the stock a “buy” rating in a report on Wednesday, January 23rd. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Kloeckner & Co SE has an average rating of “Hold” and a consensus price target of €9.32 ($10.83).
Shares of ETR:KCO opened at €6.87 ($7.98) on Tuesday. The firm has a market cap of $684.78 million and a price-to-earnings ratio of 6.93. Kloeckner & Co SE has a 1-year low of €5.82 ($6.76) and a 1-year high of €11.84 ($13.77). The company has a debt-to-equity ratio of 47.35, a quick ratio of 1.03 and a current ratio of 2.40.
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 Article: Is it better to buy a fund with a higher or lower NAV?
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.