Klöckner & Co SE (ETR:KCO) Given a €16.00 Price Target by Jefferies Financial Group Analysts

Klöckner & Co SE (ETR:KCOGet Rating) has been assigned a €16.00 ($17.20) price objective by equities research analysts at Jefferies Financial Group in a research note issued on Thursday, Borsen Zeitung reports. Jefferies Financial Group’s target price points to a potential upside of 27.19% from the stock’s current price.

Several other equities research analysts have also weighed in on the company. Warburg Research set a €15.50 ($16.67) price objective on Klöckner & Co SE in a research note on Wednesday, March 9th. Credit Suisse Group set a €9.90 ($10.65) price target on Klöckner & Co SE in a research report on Tuesday. Deutsche Bank Rese… set a €17.20 ($18.49) price target on Klöckner & Co SE in a research report on Friday, April 8th. Finally, Deutsche Bank Aktiengesellschaft set a €16.60 ($17.85) price objective on Klöckner & Co SE in a report on Thursday, March 10th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of €13.71 ($14.74).

KCO stock opened at €12.58 ($13.53) on Thursday. Klöckner & Co SE has a 1-year low of €9.06 ($9.74) and a 1-year high of €13.50 ($14.52). The firm has a market cap of $1.25 billion and a P/E ratio of 2.25. The business’s 50 day moving average is €11.79 and its 200-day moving average is €11.04. The company has a current ratio of 2.04, a quick ratio of 0.75 and a debt-to-equity ratio of 44.72.

About Klöckner & Co SE (Get Rating)

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.

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