Shares of Kloeckner & Co SE (ETR:KCO) have been assigned a consensus recommendation of “Hold” from the twelve brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is €9.79 ($11.38).

A number of analysts have issued reports on the stock. Nord/LB set a €13.00 ($15.12) price target on shares of Kloeckner & Co SE and gave the stock a “buy” rating in a research note on Monday, September 17th. Hauck & Aufhaeuser set a €12.40 ($14.42) price target on shares of Kloeckner & Co SE and gave the stock a “buy” rating in a research note on Tuesday, September 18th. Jefferies Financial Group set a €10.00 ($11.63) price target on shares of Kloeckner & Co SE and gave the stock a “neutral” rating in a research note on Monday, October 15th. UBS Group set a €10.00 ($11.63) price target on shares of Kloeckner & Co SE and gave the stock a “neutral” rating in a research note on Tuesday, October 16th. Finally, Goldman Sachs Group set a €11.00 ($12.79) price target on shares of Kloeckner & Co SE and gave the stock a “neutral” rating in a research note on Friday, October 19th.

ETR KCO traded up €0.03 ($0.03) during trading hours on Monday, reaching €6.43 ($7.47). The company had a trading volume of 236,754 shares, compared to its average volume of 600,641. Kloeckner & Co SE has a 1-year low of €8.91 ($10.36) and a 1-year 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.

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

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