Kloeckner & Co SE (KCO) Given Consensus Rating of “Hold” by Brokerages

Kloeckner & Co SE (ETR:KCO) has been assigned an average rating of “Hold” from the twelve analysts that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is €9.88 ($11.49).

A number of equities analysts have recently commented on KCO shares. Commerzbank set a €12.00 ($13.95) target price on shares of Kloeckner & Co SE and gave the company a “buy” rating in a research note on Wednesday, October 24th. Hauck & Aufhaeuser set a €12.40 ($14.42) target price on shares of Kloeckner & Co SE and gave the company a “buy” rating in a research note on Tuesday, September 18th. Nord/LB set a €13.00 ($15.12) target price on shares of Kloeckner & Co SE and gave the company a “buy” rating in a research note on Monday, September 17th. Deutsche Bank set a €8.50 ($9.88) target price on shares of Kloeckner & Co SE and gave the company a “neutral” rating in a research note on Friday, October 26th. Finally, Independent Research set a €8.20 ($9.53) target price on shares of Kloeckner & Co SE and gave the company a “neutral” rating in a research note on Thursday, October 25th.

Shares of KCO stock opened at €7.22 ($8.39) on Friday. Kloeckner & Co SE has a 52 week low of €8.91 ($10.36) and a 52 week high of €11.32 ($13.16).

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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