Analyst Price Target is $14.90
▲ +49.15% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Klöckner & Co SE in the last 3 months. The average price target is $14.90, with a high forecast of $14.90 and a low forecast of $14.90. The average price target represents a 49.15% upside from the last price of $9.99.
Current Consensus is
The current consensus among 3 investment analysts is to hold stock in Klöckner & Co SE. This rating has held steady since May 2022, when it changed from a Buy consensus 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. It also provides various services, including cutting and splitting of steel strips; forming and manufacturing of pressed parts; CNC turning/milling; 2D/3D tube laser cutting; laser and water jet cutting; structural steel processing; plasma and oxy-fuel cutting; shot blasting and primer painting; and sawing/drilling/rounding off. In addition, the company offers warehousing, logistics, and materials management services. It serves small to medium-sized steel and metal consumers, primarily from the construction industry, as well as machinery and mechanical engineering industries; and supplies intermediate products for the automotive, shipbuilding, and consumer goods industries. The company was founded in 1906 and is headquartered in Duisburg, Germany.