Klöckner & Co SE (ETR:KCO) PT Set at €14.80 by Jefferies Financial Group

Klöckner & Co SE (ETR:KCOGet Rating) has been given a €14.80 ($15.26) price objective by research analysts at Jefferies Financial Group in a note issued to investors on Wednesday, Borsen Zeitung reports. Jefferies Financial Group’s price objective would indicate a potential upside of 65.73% from the stock’s current price.

A number of other equities analysts also recently issued reports on KCO. Deutsche Bank Aktiengesellschaft set a €14.90 ($15.36) price objective on shares of Klöckner & Co SE in a report on Thursday, July 21st. Warburg Research set a €13.00 ($13.40) price target on shares of Klöckner & Co SE in a report on Wednesday, May 4th. Finally, Credit Suisse Group set a €9.90 ($10.21) price target on shares of Klöckner & Co SE in a report on Tuesday, April 19th.

Klöckner & Co SE Stock Performance

KCO opened at €8.93 ($9.21) on Wednesday. The company has a current ratio of 2.14, a quick ratio of 0.88 and a debt-to-equity ratio of 54.89. The company has a market cap of $890.77 million and a price-to-earnings ratio of 1.41. The company’s 50 day moving average is €8.92 and its 200 day moving average is €10.52. Klöckner & Co SE has a 12-month low of €7.11 ($7.32) and a 12-month high of €13.50 ($13.92).

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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