A number of other equities analysts also recently commented on the company. DZ Bank restated a neutral rating on shares of Kloeckner & Co SE in a report on Monday. Goldman Sachs Group set a €6.40 ($7.44) target price on Kloeckner & Co SE and gave the company a sell rating in a report on Thursday, January 31st. UBS Group set a €8.60 ($10.00) target price on Kloeckner & Co SE and gave the company a buy rating in a report on Wednesday, January 23rd. Independent Research set a €7.20 ($8.37) price objective on Kloeckner & Co SE and gave the stock a neutral rating in a report on Tuesday, January 8th. Finally, Jefferies Financial Group set a €8.50 ($9.88) price objective on Kloeckner & Co SE and gave the stock a neutral rating in a report on Wednesday, November 28th. Eight investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of €9.51 ($11.06).
Shares of Kloeckner & Co SE stock opened at €6.35 ($7.38) on Monday. Kloeckner & Co SE has a 52 week low of €8.91 ($10.36) and a 52 week 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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