Klöckner & Co SE (OTCMKTS:KLKNF – Get Rating) had its price objective raised by Deutsche Bank Aktiengesellschaft from €17.20 ($18.11) to €17.80 ($18.74) in a research report report published on Thursday, The Fly reports. The brokerage currently has a buy rating on the stock.
Separately, Cheuvreux upgraded shares of Klöckner & Co SE from a hold rating to a buy rating in a report on Friday, March 25th.
OTCMKTS KLKNF opened at $11.50 on Thursday. Klöckner & Co SE has a 1 year low of $11.50 and a 1 year high of $11.50. The stock’s 50-day moving average price is $11.50 and its two-hundred day moving average price is $11.50.
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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