Covestro (1COV) Given a €102.00 Price Target by Deutsche Bank Analysts

Deutsche Bank set a €102.00 ($118.60) price objective on Covestro (ETR:1COV) in a report published on Wednesday. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also recently issued reports on 1COV. Goldman Sachs Group set a €73.00 ($84.88) price objective on shares of Covestro and gave the company a sell rating in a research note on Monday, September 3rd. JPMorgan Chase & Co. set a €105.00 ($122.09) price objective on shares of Covestro and gave the company a buy rating in a research note on Wednesday, September 5th. UBS Group set a €110.00 ($127.91) price objective on shares of Covestro and gave the company a buy rating in a research note on Monday, August 20th. Barclays set a €87.00 ($101.16) price objective on shares of Covestro and gave the company a neutral rating in a research note on Tuesday, August 28th. Finally, Commerzbank set a €110.00 ($127.91) price objective on shares of Covestro and gave the company a buy rating in a research note on Monday, September 24th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of €93.33 ($108.53).

Shares of Covestro stock opened at €61.78 ($71.84) on Wednesday. Covestro has a fifty-two week low of €61.95 ($72.03) and a fifty-two week high of €96.32 ($112.00).

About Covestro

Covestro AG develops, produces, and markets polymer materials for various industries worldwide. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. The Polyurethanes segment offers 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.

Featured Story: What is a Tariff?

Analyst Recommendations for Covestro (ETR:1COV)

Receive News & Ratings for Covestro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Covestro and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply