Shares of Kloeckner & Co SE (ETR:KCO) have been assigned a consensus recommendation of “Hold” from the thirteen research firms that are currently covering the firm, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is €8.90 ($10.35).
KCO has been the subject of a number of recent analyst reports. Independent Research set a €7.20 ($8.37) price objective on Kloeckner & Co SE and gave the stock a “neutral” rating in a report on Tuesday, January 8th. Jefferies Financial Group set a €6.50 ($7.56) price objective on Kloeckner & Co SE and gave the stock a “neutral” rating in a report on Tuesday, March 12th. DZ Bank reissued a “neutral” rating on shares of Kloeckner & Co SE in a report on Wednesday, March 13th. HSBC set a €9.00 ($10.47) price objective on Kloeckner & Co SE and gave the stock a “buy” rating in a report on Wednesday, March 13th. Finally, UBS Group set a €8.60 ($10.00) price objective on Kloeckner & Co SE and gave the stock a “buy” rating in a report on Wednesday, January 23rd.
KCO stock traded up €0.10 ($0.12) on Friday, reaching €6.56 ($7.62). The company’s stock had a trading volume of 440,333 shares, compared to its average volume of 600,641. Kloeckner & Co SE has a 52 week low of €5.82 ($6.76) and a 52 week high of €11.84 ($13.77). The firm has a market capitalization of $653.86 million and a price-to-earnings ratio of 9.96. The company has a debt-to-equity ratio of 40.62, a current ratio of 2.33 and a quick ratio of 1.01.
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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