1COV has been the subject of several other research reports. Deutsche Bank reiterated a buy rating on shares of Covestro Aktiengesellschaft in a report on Friday, August 25th. Commerzbank set a €75.00 ($89.29) price target on Covestro Aktiengesellschaft and gave the stock a neutral rating in a report on Wednesday, September 13th. JPMorgan Chase & Co. set a €60.00 ($71.43) price target on Covestro Aktiengesellschaft and gave the stock a sell rating in a report on Thursday, September 28th. Morgan Stanley set a €74.00 ($88.10) price target on Covestro Aktiengesellschaft and gave the stock a neutral rating in a report on Wednesday, August 23rd. Finally, Societe Generale set a €80.00 ($95.24) price objective on Covestro Aktiengesellschaft and gave the stock a neutral rating in a research report on Friday, December 1st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company. Covestro Aktiengesellschaft has an average rating of Hold and a consensus price target of €85.06 ($101.26).
Shares of Covestro Aktiengesellschaft (ETR:1COV) opened at €86.25 ($102.68) on Thursday. Covestro Aktiengesellschaft has a 1-year low of €61.07 ($72.70) and a 1-year high of €88.57 ($105.44). The stock has a market capitalization of $17,450.00 and a price-to-earnings ratio of 11.14.
Covestro Aktiengesellschaft manufactures and sells polymer materials for various industries worldwide. It operates through three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. The Polyurethanes segment develops, produces, and markets precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries; and rigid foam used as insulating material in the construction industry and in refrigeration chains.
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