BNP Paribas Reiterates €9.00 Price Target for Kloeckner & Co SE (KCO)

Kloeckner & Co SE (ETR:KCO) received a €9.00 ($10.47) price objective from stock analysts at BNP Paribas in a note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock. BNP Paribas’ price objective would indicate a potential upside of 22.12% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. Commerzbank set a €12.00 ($13.95) price target on Kloeckner & Co SE and gave the stock a “buy” rating in a research note on Wednesday, October 24th. Hauck & Aufhaeuser set a €12.40 ($14.42) price target on Kloeckner & Co SE and gave the stock a “buy” rating in a research note on Tuesday, September 18th. Nord/LB set a €13.00 ($15.12) price target on Kloeckner & Co SE and gave the stock a “buy” rating in a research note on Monday, September 17th. Deutsche Bank set a €8.50 ($9.88) price target on Kloeckner & Co SE and gave the stock a “neutral” rating in a research note on Friday, October 26th. Finally, Independent Research set a €8.20 ($9.53) price target on Kloeckner & Co SE and gave the stock a “neutral” rating in a research note on Thursday, October 25th. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €10.19 ($11.85).

Kloeckner & Co SE stock opened at €7.37 ($8.57) on Monday. Kloeckner & Co SE has a 12 month low of €8.91 ($10.36) and a 12 month high of €11.32 ($13.16).

Kloeckner & Co SE Company Profile

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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