Independent Research Reiterates €5.30 Price Target for Kloeckner & Co SE (ETR:KCO)

Independent Research set a €5.30 ($6.16) price objective on Kloeckner & Co SE (ETR:KCO) in a research report report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other equities research analysts have also recently commented on the stock. Jefferies Financial Group set a €5.00 ($5.81) target price on shares of Kloeckner & Co SE and gave the company a neutral rating in a research report on Wednesday, July 17th. DZ Bank reiterated a neutral rating on shares of Kloeckner & Co SE in a research report on Wednesday, July 31st. Kepler Capital Markets set a €5.00 ($5.81) target price on shares of Kloeckner & Co SE and gave the company a sell rating in a research report on Wednesday, May 8th. Nord/LB set a €6.50 ($7.56) price objective on shares of Kloeckner & Co SE and gave the stock a buy rating in a research report on Wednesday, June 12th. Finally, Deutsche Bank set a €6.40 ($7.44) price objective on shares of Kloeckner & Co SE and gave the stock a buy rating in a research report on Thursday, August 1st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. Kloeckner & Co SE has an average rating of Hold and an average target price of €7.33 ($8.53).

Shares of ETR KCO opened at €4.54 ($5.28) on Tuesday. The firm has a 50-day simple moving average of €4.84 and a 200-day simple moving average of €5.76. The stock has a market capitalization of $452.67 million and a price-to-earnings ratio of 13.92. The company has a quick ratio of 1.18, a current ratio of 2.46 and a debt-to-equity ratio of 68.02. Kloeckner & Co SE has a 52 week low of €4.19 ($4.87) and a 52 week high of €10.09 ($11.73).

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.

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

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