Kepler Capital Markets set a €90.00 ($104.65) target price on Covestro AG (ETR:1COV) in a report issued on Wednesday morning. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also commented on 1COV. Deutsche Bank AG set a €83.00 ($96.51) price objective on shares of Covestro AG and gave the stock a buy rating in a report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €58.00 ($67.44) price objective on shares of Covestro AG and gave the stock a sell rating in a report on Saturday, May 20th. HSBC Holdings plc set a €55.00 ($63.95) price objective on shares of Covestro AG and gave the stock a sell rating in a report on Wednesday, May 24th. Jefferies Group LLC set a €86.00 ($100.00) target price on shares of Covestro AG and gave the stock a buy rating in a report on Friday, May 26th. Finally, Baader Bank set a €53.00 ($61.63) target price on shares of Covestro AG and gave the stock a sell rating in a report on Friday, June 2nd. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €72.00 ($83.72).

Shares of Covestro AG (ETR 1COV) opened at 66.057 on Wednesday. The stock’s 50 day moving average is €64.96 and its 200 day moving average is €68.34. Covestro AG has a 1-year low of €41.66 and a 1-year high of €76.40. The company has a market cap of €13.38 billion and a P/E ratio of 10.019.

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Covestro AG Company Profile

Covestro AG is a Germany-based company engaged in the manufacture of plastic materials. The Company specializes in developing, producing and marketing of polyurethanes, polycarbonates and raw materials for automotive, construction, packing, wood and furniture, sports and leisure, medical, textile, cosmetics, as well as electrical and electronics sector, among others.

Analyst Recommendations for Covestro AG (ETR:1COV)

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