Societe Generale Analysts Give Covestro Aktiengesellschaft (1COV) a €96.00 Price Target

Societe Generale set a €96.00 ($114.29) price target on Covestro Aktiengesellschaft (ETR:1COV) in a report released on Thursday morning. The firm currently has a neutral rating on the stock.

Several other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. set a €100.00 ($119.05) target price on shares of Covestro Aktiengesellschaft and gave the company a buy rating in a research note on Monday. Citigroup set a €70.00 ($83.33) target price on shares of Covestro Aktiengesellschaft and gave the company a neutral rating in a research note on Wednesday, September 27th. Deutsche Bank set a €85.00 ($101.19) target price on shares of Covestro Aktiengesellschaft and gave the company a buy rating in a research note on Thursday, September 28th. Independent Research set a €73.00 ($86.90) target price on shares of Covestro Aktiengesellschaft and gave the company a neutral rating in a research note on Thursday, September 14th. Finally, UBS Group set a €95.00 ($113.10) target price on shares of Covestro Aktiengesellschaft and gave the company a buy rating in a research note on Monday. One research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €87.31 ($103.94).

Covestro Aktiengesellschaft (ETR 1COV) traded up €2.24 ($2.67) during trading on Thursday, hitting €90.76 ($108.05). 1,667,732 shares of the stock were exchanged, compared to its average volume of 614,474. Covestro Aktiengesellschaft has a one year low of €61.95 ($73.75) and a one year high of €91.26 ($108.64). The firm has a market cap of $18,380.00 and a P/E ratio of 11.73.

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Covestro Aktiengesellschaft Company Profile

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.

Analyst Recommendations for Covestro Aktiengesellschaft (ETR:1COV)

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