Kloeckner & Co SE (KCO) PT Set at €7.60 by Goldman Sachs Group

Goldman Sachs Group set a €7.60 ($8.84) price target on Kloeckner & Co SE (ETR:KCO) in a research report report published on Friday morning. The brokerage currently has a sell rating on the stock.

KCO has been the subject of several other research reports. Deutsche Bank set a €8.50 ($9.88) target price on Kloeckner & Co SE and gave the stock a neutral rating in a research report on Friday, October 26th. Independent Research set a €8.20 ($9.53) target price on Kloeckner & Co SE and gave the stock a neutral rating in a research report on Thursday, October 25th. DZ Bank reaffirmed a neutral rating on shares of Kloeckner & Co SE in a research report on Thursday, October 25th. Jefferies Financial Group set a €8.50 ($9.88) target price on Kloeckner & Co SE and gave the stock a neutral rating in a research report on Thursday, October 25th. Finally, Nord/LB set a €10.00 ($11.63) target price on Kloeckner & Co SE and gave the stock a buy rating in a research report on Thursday, October 25th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of Hold and an average target price of €9.88 ($11.49).

Shares of ETR KCO traded down €0.45 ($0.52) on Friday, hitting €7.48 ($8.69). The company had a trading volume of 1,686,274 shares, compared to its average volume of 600,641. Kloeckner & Co SE has a 12-month low of €8.91 ($10.36) and a 12-month 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.

Further Reading: How to calculate the intrinsic value of a stock

Analyst Recommendations for Kloeckner & Co SE (ETR:KCO)

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