Kloeckner & Co SE (KCO) Given a €6.40 Price Target at Goldman Sachs Group
Other equities analysts have also recently issued reports about the company. Jefferies Financial Group set a €8.50 ($9.88) price target on Kloeckner & Co SE and gave the stock a neutral rating in a report on Wednesday, November 28th. Independent Research set a €7.20 ($8.37) price target on Kloeckner & Co SE and gave the stock a neutral rating in a report on Tuesday, January 8th. UBS Group set a €8.60 ($10.00) price target on Kloeckner & Co SE and gave the stock a buy rating in a report on Wednesday, January 23rd. Baader Bank set a €10.50 ($12.21) target price on Kloeckner & Co SE and gave the stock a neutral rating in a research report on Monday, February 18th. Finally, DZ Bank reaffirmed a neutral rating on shares of Kloeckner & Co SE in a research report on Monday, February 18th. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Kloeckner & Co SE presently has an average rating of Hold and an average target price of €9.23 ($10.74).
Shares of KCO stock opened at €6.69 ($7.78) on Tuesday. Kloeckner & Co SE has a one year low of €5.82 ($6.76) and a one year high of €11.84 ($13.77). The company has a market capitalization of $667.33 million and a P/E ratio of 6.75. The company has a current ratio of 2.40, a quick ratio of 1.03 and a debt-to-equity ratio of 47.35.
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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