Klöckner & Co SE (ETR:KCO) has been given an average recommendation of “Hold” by the eight ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is €13.13 ($15.45).
KCO has been the topic of several analyst reports. Jefferies Financial Group set a €14.70 ($17.29) price objective on Klöckner & Co SE in a report on Tuesday, August 10th. Warburg Research set a €15.50 ($18.24) price objective on Klöckner & Co SE in a report on Tuesday, August 10th. Credit Suisse Group set a €9.10 ($10.71) price objective on Klöckner & Co SE and gave the stock a “sell” rating in a report on Monday, June 7th. Deutsche Bank Aktiengesellschaft set a €15.60 ($18.35) price objective on Klöckner & Co SE in a report on Wednesday, August 11th. Finally, Kepler Capital Markets set a €12.50 ($14.71) target price on Klöckner & Co SE in a report on Thursday, August 12th.
Shares of KCO stock traded down €0.20 ($0.24) during mid-day trading on Wednesday, hitting €11.36 ($13.36). 287,319 shares of the company’s stock were exchanged, compared to its average volume of 600,641. Klöckner & Co SE has a fifty-two week low of €4.57 ($5.38) and a fifty-two week high of €13.49 ($15.87). The stock has a 50-day simple moving average of €11.79 and a two-hundred day simple moving average of €11.19. The company has a quick ratio of 0.87, a current ratio of 1.77 and a debt-to-equity ratio of 30.95. The stock has a market cap of $1.13 billion and a price-to-earnings ratio of 3.85.
KlÃ¶ckner & Co SE, through its subsidiaries, distributes steel and metal products. It operates through Kloeckner Metals US, Kloeckner Metals Services Europe, Kloeckner Metals Switzerland, and Kloeckner Metals Distribution Europe segments. The company's product portfolio includes flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; aluminum products; and special products for building installations, roof and wall construction, and water supply.
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