Shares of Kloeckner & Co SE (ETR:KCO) have earned a consensus recommendation of “Hold” from the thirteen brokerages that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is €8.38 ($9.75).
A number of research firms have recently commented on KCO. 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. Deutsche Bank set a €6.70 ($7.79) price objective on Kloeckner & Co SE and gave the company a “neutral” rating in a research report on Monday, April 29th. Goldman Sachs Group set a €8.00 ($9.30) price target on Kloeckner & Co SE and gave the stock a “neutral” rating in a research report on Friday, April 26th. DZ Bank reissued a “neutral” rating on shares of Kloeckner & Co SE in a research report on Friday, April 26th. Finally, Commerzbank set a €7.50 ($8.72) price target on Kloeckner & Co SE and gave the stock a “neutral” rating in a research report on Friday, April 26th.
Shares of KCO traded down €0.12 ($0.14) on Friday, reaching €5.25 ($6.10). 592,853 shares of the company’s stock traded hands, compared to its average volume of 600,641. 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 company has a market capitalization of $523.19 million and a price-to-earnings ratio of 14.21. Kloeckner & Co SE has a 52-week low of €5.61 ($6.52) and a 52-week high of €10.62 ($12.35).
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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