Kloeckner & Co SE (ETR:KCO) Given a €5.00 Price Target by Jefferies Financial Group Analysts

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Jefferies Financial Group set a €5.00 ($5.81) price objective on Kloeckner & Co SE (ETR:KCO) in a research report report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities research analysts also recently weighed in on KCO. Deutsche Bank downgraded RIGHTMOVE PLC/ADR from a buy rating to a hold rating in a report on Monday, April 29th. Kepler Capital Markets set a €5.00 ($5.81) price target on Kloeckner & Co SE and gave the stock a sell rating in a report on Wednesday, May 8th. Goldman Sachs Group set a €6.20 ($7.21) price target on Kloeckner & Co SE and gave the stock a buy rating in a report on Thursday, June 20th. Nord/LB set a €6.50 ($7.56) price target on Kloeckner & Co SE and gave the stock a buy rating in a report on Wednesday, June 12th. Finally, Commerzbank set a €7.50 ($8.72) price target on Kloeckner & Co SE and gave the stock a neutral rating in a report on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. Kloeckner & Co SE has an average rating of Hold and a consensus price target of €7.52 ($8.74).

Shares of KCO opened at €4.52 ($5.26) on Wednesday. The company has a current ratio of 2.49, a quick ratio of 1.12 and a debt-to-equity ratio of 68.87. The stock has a market capitalization of $450.87 million and a price-to-earnings ratio of 12.25. The business’s 50 day simple moving average is €4.89. Kloeckner & Co SE has a 12-month low of €4.37 ($5.09) and a 12-month high of €10.40 ($12.09).

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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