Jefferies Financial Group Reiterates “€16.00” Price Target for Klöckner & Co SE (ETR:KCO)

Jefferies Financial Group set a €16.00 ($16.84) target price on Klöckner & Co SE (ETR:KCOGet Rating) in a report published on Thursday morning, Borsen Zeitung reports.

KCO has been the subject of a number of other research reports. Credit Suisse Group set a €9.90 ($10.42) price objective on shares of Klöckner & Co SE in a research report on Tuesday, April 19th. Deutsche Bank Rese… set a €17.20 ($18.11) price target on Klöckner & Co SE in a research note on Friday, April 8th. Deutsche Bank Aktiengesellschaft set a €16.60 ($17.47) price objective on Klöckner & Co SE in a research report on Thursday, March 10th. Finally, Warburg Research set a €13.00 ($13.68) price target on shares of Klöckner & Co SE in a research note on Wednesday. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of Buy and an average price target of €13.76 ($14.48).

Shares of Klöckner & Co SE stock opened at €11.09 ($11.67) on Thursday. Klöckner & Co SE has a one year low of €9.06 ($9.54) and a one year high of €13.50 ($14.21). The company has a market cap of $1.11 billion and a P/E ratio of 1.99. The company has a debt-to-equity ratio of 44.72, a quick ratio of 0.75 and a current ratio of 2.04. The firm has a fifty day moving average of €12.06 and a two-hundred day moving average of €11.15.

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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