Covestro Aktiengesellschaft (1COV) Given a €100.00 Price Target at Deutsche Bank

Deutsche Bank set a €100.00 ($119.05) target price on Covestro Aktiengesellschaft (ETR:1COV) in a research note released on Thursday. The firm currently has a buy rating on the stock.

A number of other equities analysts have also recently weighed in on 1COV. Baader Bank set a €70.00 ($83.33) price target on Covestro Aktiengesellschaft and gave the stock a neutral rating in a report on Wednesday, September 13th. 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. Barclays set a €71.00 ($84.52) price target on Covestro Aktiengesellschaft and gave the stock a neutral rating in a report on Thursday, September 14th. Independent Research set a €73.00 ($86.90) price target on Covestro Aktiengesellschaft and gave the stock a neutral rating in a report on Thursday, September 14th. Finally, Goldman Sachs Group set a €65.00 ($77.38) price target on Covestro Aktiengesellschaft and gave the stock a neutral rating in a report on Friday, September 15th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company. The company currently has an average rating of Hold and an average price target of €85.06 ($101.26).

Covestro Aktiengesellschaft (ETR:1COV) opened at €88.30 ($105.12) on Thursday. The firm has a market capitalization of $17,880.00 and a P/E ratio of 11.41. Covestro Aktiengesellschaft has a fifty-two week low of €61.07 ($72.70) and a fifty-two week high of €89.00 ($105.95).

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About Covestro Aktiengesellschaft

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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