Deutsche Bank set a €7.50 ($8.72) price target on Kloeckner & Co SE (ETR:KCO) in a research note published on Thursday. The firm currently has a neutral rating on the stock.

KCO has been the subject of several other reports. Jefferies Financial Group set a €8.50 ($9.88) target price on Kloeckner & Co SE and gave the stock a neutral rating in a research report on Wednesday, November 28th. Independent Research set a €7.20 ($8.37) target price on Kloeckner & Co SE and gave the stock a neutral rating in a research report on Tuesday, January 8th. 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. 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. Finally, DZ Bank restated a neutral rating on shares of Kloeckner & Co SE in a research report on Wednesday. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Kloeckner & Co SE presently has a consensus rating of Hold and an average target price of €9.23 ($10.74).

Shares of ETR:KCO traded up €0.08 ($0.09) during midday trading on Thursday, reaching €6.78 ($7.88). 349,576 shares of the company traded hands, compared to its average volume of 600,641. The company has a debt-to-equity ratio of 47.35, a quick ratio of 1.03 and a current ratio of 2.40. Kloeckner & Co SE has a 12 month low of €5.82 ($6.76) and a 12 month high of €11.84 ($13.77). The firm has a market cap of $667.33 million and a price-to-earnings ratio of 6.84.

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.

Further Reading: Cash Flow

Analyst Recommendations for Kloeckner & Co SE (ETR:KCO)

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