Jefferies Financial Group Analysts Give Klöckner & Co SE (ETR:KCO) a €14.80 Price Target

Jefferies Financial Group set a €14.80 ($15.26) target price on Klöckner & Co SE (ETR:KCOGet Rating) in a report released on Wednesday morning, Borsen Zeitung reports.

A number of other equities research analysts also recently issued reports on the company. Credit Suisse Group set a €9.90 ($10.21) price objective on Klöckner & Co SE in a research report on Tuesday, April 19th. Deutsche Bank Aktiengesellschaft set a €14.90 ($15.36) price objective on Klöckner & Co SE in a research report on Thursday, July 21st. Finally, Warburg Research set a €13.00 ($13.40) price objective on Klöckner & Co SE in a research report on Wednesday, May 4th.

Klöckner & Co SE Price Performance

Shares of KCO stock opened at €9.07 ($9.35) on Wednesday. Klöckner & Co SE has a fifty-two week low of €7.11 ($7.32) and a fifty-two week high of €13.50 ($13.92). The company has a debt-to-equity ratio of 54.89, a quick ratio of 0.88 and a current ratio of 2.14. The business’s 50 day moving average price is €8.87 and its 200-day moving average price is €10.50. The firm has a market cap of $904.73 million and a P/E ratio of 1.41.

Klöckner & Co SE Company Profile

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Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. It operates through three segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU. 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.

Further Reading

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