Shares of Kloeckner & Co SE (ETR:KCO) have earned a consensus recommendation of “Hold” from the twelve research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and six have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is €6.75 ($7.84).
A number of research analysts recently weighed in on the stock. Credit Suisse Group set a €7.20 ($8.37) target price on shares of Kloeckner & Co SE and gave the company a “buy” rating in a research note on Tuesday, September 10th. Deutsche Bank set a €6.20 ($7.21) price target on Kloeckner & Co SE and gave the company a “buy” rating in a report on Monday, November 4th. Independent Research set a €5.70 ($6.63) price objective on Kloeckner & Co SE and gave the company a “neutral” rating in a research report on Monday, November 4th. HSBC set a €6.00 ($6.98) price objective on Kloeckner & Co SE and gave the stock a “buy” rating in a research note on Friday, September 27th. Finally, Jefferies Financial Group set a €6.70 ($7.79) price objective on Kloeckner & Co SE and gave the stock a “buy” rating in a research note on Wednesday, October 30th.
Shares of ETR KCO traded up €0.08 ($0.09) during midday trading on Thursday, reaching €5.86 ($6.81). The stock had a trading volume of 1,123,654 shares, compared to its average volume of 600,641. The company has a market capitalization of $584.54 million and a price-to-earnings ratio of -47.64. Kloeckner & Co SE has a 12-month low of €4.19 ($4.87) and a 12-month high of €7.37 ($8.56). The stock has a 50-day moving average of €5.54 and a 200-day moving average of €5.19. The company has a debt-to-equity ratio of 61.88, a quick ratio of 1.14 and a current ratio of 2.43.
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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