Goldman Sachs Group Analysts Give Kloeckner & Co SE (ETR:KCO) a €6.20 Price Target

Goldman Sachs Group set a €6.20 ($7.21) target price on Kloeckner & Co SE (ETR:KCO) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other research firms have also issued reports on KCO. Jefferies Financial Group set a €7.00 ($8.14) target price on shares of Kloeckner & Co SE and gave the stock a neutral rating in a report on Tuesday, April 23rd. DZ Bank restated a neutral rating on shares of Kloeckner & Co SE in a report on Wednesday, March 13th. Independent Research set a €6.90 ($8.02) target price on shares of Kloeckner & Co SE and gave the stock a neutral rating in a report on Tuesday, March 12th. Deutsche Bank set a €7.50 ($8.72) target price on shares of Kloeckner & Co SE and gave the stock a neutral rating in a report on Thursday, March 14th. Finally, HSBC set a €9.00 ($10.47) target price on shares of Kloeckner & Co SE and gave the stock a buy rating in a report on Wednesday, March 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. Kloeckner & Co SE has an average rating of Hold and a consensus target price of €7.85 ($9.13).

Kloeckner & Co SE stock opened at €4.87 ($5.66) on Wednesday. The stock has a market capitalization of $485.58 million and a PE ratio of 13.19. The company has a debt-to-equity ratio of 68.87, a current ratio of 2.49 and a quick ratio of 1.12. Kloeckner & Co SE has a 12-month low of €4.59 ($5.34) and a 12-month high of €10.62 ($12.35).

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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