Goldman Sachs Group, Inc. (The) Analysts Give Covestro AG (1COV) a €58.00 Price Target

Goldman Sachs Group, Inc. (The) set a €58.00 ($68.24) target price on Covestro AG (ETR:1COV) in a report issued on Friday, July 14th. The brokerage currently has a sell rating on the stock.

1COV has been the topic of a number of other research reports. Deutsche Bank AG set a €83.00 ($97.65) price objective on shares of Covestro AG and gave the stock a buy rating in a report on Saturday, May 20th. Jefferies Group LLC set a €86.00 ($101.18) target price on shares of Covestro AG and gave the company a buy rating in a research report on Friday, May 26th. UBS AG set a €85.00 ($100.00) target price on shares of Covestro AG and gave the stock a buy rating in a report on Tuesday, June 6th. Kepler Capital Markets set a €85.00 ($100.00) price target on shares of Covestro AG and gave the stock a buy rating in a research note on Friday, June 2nd. Finally, DZ Bank AG reaffirmed a buy rating on shares of Covestro AG in a research note on Thursday, July 6th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. Covestro AG presently has a consensus rating of Hold and an average target price of €71.67 ($84.31).

Shares of Covestro AG (ETR:1COV) opened at 64.57 on Friday. The firm has a 50-day moving average price of €65.18 and a 200-day moving average price of €68.41. Covestro AG has a 12 month low of €41.66 and a 12 month high of €76.40. The stock has a market cap of €13.08 billion and a price-to-earnings ratio of 9.79.

ILLEGAL ACTIVITY NOTICE: This story was first published by Community Financial News and is owned by of Community Financial News. If you are reading this story on another website, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this story can be read at https://www.com-unik.info/2017/08/12/covestro-ag-1cov-given-a-58-00-price-target-by-goldman-sachs-group-inc-the-analysts-updated-updated-2-updated.html.

Covestro AG Company Profile

Covestro AG is a Germany-based company engaged in the manufacture of plastic materials. The Company specializes in developing, producing and marketing of polyurethanes, polycarbonates and raw materials for automotive, construction, packing, wood and furniture, sports and leisure, medical, textile, cosmetics, as well as electrical and electronics sector, among others.

Analyst Recommendations for Covestro AG (ETR:1COV)

What are top analysts saying about Covestro AG? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Covestro AG and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit