Jefferies Financial Group Reiterates €5.00 Price Target for Kloeckner & Co SE (ETR:KCO)

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

Several other brokerages have also issued reports on KCO. 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. 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. Independent Research set a €5.90 ($6.86) price target on Ceconomy and gave the stock a neutral rating in a report on Thursday, May 23rd. 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. Finally, Deutsche Bank lowered RIGHTMOVE PLC/ADR from a buy rating to a hold rating in a report on Monday, April 29th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Kloeckner & Co SE currently has a consensus rating of Hold and an average target price of €7.52 ($8.74).

Shares of ETR:KCO opened at €4.52 ($5.26) on Wednesday. The business has a 50 day moving average price of €4.89. The company has a market capitalization of $450.87 million and a price-to-earnings ratio of 12.25. The company has a current ratio of 2.49, a quick ratio of 1.12 and a debt-to-equity ratio of 68.87. Kloeckner & Co SE has a 52-week low of €4.37 ($5.09) and a 52-week 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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