Other equities analysts have also recently issued research reports about the stock. DZ Bank reissued a buy rating on shares of Covestro in a research report on Monday, January 29th. UBS set a €110.00 ($135.80) price target on shares of Covestro and gave the stock a buy rating in a research note on Monday, February 12th. Societe Generale set a €96.00 ($118.52) price target on shares of Covestro and gave the stock a neutral rating in a research note on Thursday, January 11th. Independent Research set a €94.00 ($116.05) price target on shares of Covestro and gave the stock a neutral rating in a research note on Friday, January 12th. Finally, Credit Suisse Group set a €94.00 ($116.05) price target on shares of Covestro and gave the stock a neutral rating in a research note on Friday, January 26th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company. Covestro has a consensus rating of Hold and a consensus target price of €92.76 ($114.52).
Covestro (ETR 1COV) opened at €83.10 ($102.59) on Tuesday. Covestro has a 1 year low of €61.95 ($76.48) and a 1 year high of €96.32 ($118.91). The company has a market cap of $16,860.00 and a P/E ratio of 8.37.
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Covestro 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.
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