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.
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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.
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