Klöckner & Neutral of Goldman Sachs Group Inc. on 19.10.18



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NEW YORK (dpa-AFX Analyzer) – The US investment bank Goldman Sachs has called Klöckner & Co after the above-average performance of "buy" to "neutral" and lowered the price target of 13.90 to 11 euros. The analyst Eugene King sees in a recent study of the sector on other actions a better risk / risk ratio. The risks for steel prices are negative for the dealer. The expert has reduced its earnings forecast for Klöckner (Ebitda) for the years 2019 and 2020./edh/ag

Date of analysis: 19.10.2018

Note: You will find information on disclosure requirements in case of conflict of interests within the meaning of Article 85 (1) of the WpHG Law and Article 20 (EU) 596 / 2014 for the home of the analyst appointed on http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.

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