Shares of Kloeckner & Co SE (ETR:KCO) have been assigned a consensus recommendation of “Hold” from the thirteen brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is €6.93 ($8.06).
A number of brokerages recently weighed in on KCO. Nord/LB set a €6.50 ($7.56) price target on shares of Kloeckner & Co SE and gave the stock a “buy” rating in a research report on Friday, August 30th. Deutsche Bank set a €6.40 ($7.44) price target on shares of Kloeckner & Co SE and gave the stock a “buy” rating in a research report on Thursday, August 1st. Independent Research set a €5.70 ($6.63) price target on shares of Kloeckner & Co SE and gave the stock a “neutral” rating in a research report on Monday, September 2nd. Jefferies Financial Group set a €5.00 ($5.81) price target on shares of Kloeckner & Co SE and gave the stock a “neutral” rating in a research report on Wednesday, July 17th. Finally, DZ Bank reaffirmed a “neutral” rating on shares of Kloeckner & Co SE in a research report on Wednesday, July 31st.
Kloeckner & Co SE stock traded down €0.08 ($0.09) during trading on Friday, reaching €5.68 ($6.60). 466,444 shares of the company’s stock were exchanged, compared to its average volume of 600,641. The company’s 50-day moving average is €5.28 and its two-hundred day moving average is €5.60. The company has a debt-to-equity ratio of 68.02, a quick ratio of 1.18 and a current ratio of 2.46. Kloeckner & Co SE has a 52-week low of €4.19 ($4.87) and a 52-week high of €10.09 ($11.73). The firm has a market cap of $566.08 million and a price-to-earnings ratio of 17.41.
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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