Kloeckner & Co SE (KCO) Given a €10.00 Price Target by UBS Group Analysts
Kloeckner & Co SE (ETR:KCO) received a €10.00 ($11.63) price target from UBS Group in a report released on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective indicates a potential upside of 9.11% from the company’s current price.
A number of other equities analysts have also recently commented on the company. Jefferies Financial Group set a €10.00 ($11.63) target price on Kloeckner & Co SE and gave the stock a “neutral” rating in a report on Monday. Hauck & Aufhaeuser set a €12.40 ($14.42) target price on Kloeckner & Co SE and gave the stock a “buy” rating in a report on Tuesday, September 18th. Finally, Nord/LB set a €13.00 ($15.12) target price on Kloeckner & Co SE and gave the stock a “buy” rating in a report on Monday, September 17th.
Shares of Kloeckner & Co SE stock opened at €9.17 ($10.66) on Tuesday. Kloeckner & Co SE has a one year low of €8.91 ($10.36) and a one year high of €11.32 ($13.16).
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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