A number of other research firms have also recently commented on 1COV. DZ Bank reiterated a buy rating on shares of Covestro in a research report on Monday, January 29th. Credit Suisse Group set a €94.00 ($116.05) price objective on Covestro and gave the stock a neutral rating in a research report on Friday, January 26th. UBS Group set a €110.00 ($135.80) price objective on Covestro and gave the stock a buy rating in a research report on Wednesday, January 24th. JPMorgan Chase & Co. set a €100.00 ($123.46) price objective on Covestro and gave the stock a buy rating in a research report on Monday, January 15th. Finally, Commerzbank set a €100.00 ($123.46) price objective on Covestro and gave the stock a buy rating in a research report on Friday, January 12th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the stock. The company has an average rating of Hold and an average price target of €91.88 ($113.44).
Covestro (1COV) opened at €93.00 ($114.81) on Tuesday. The stock has a market capitalization of $18,800.00 and a price-to-earnings ratio of 12.02. Covestro has a one year low of €61.95 ($76.48) and a one year high of €96.32 ($118.91).
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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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