Jefferies Group LLC set a €86.00 ($101.18) target price on Covestro AG (ETR:1COV) in a research report sent to investors on Friday morning. The firm currently has a buy rating on the stock.

Other equities analysts have also issued reports about the stock. Deutsche Bank AG set a €83.00 ($97.65) price objective on shares of Covestro AG and gave the company a buy rating in a research report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €58.00 ($68.24) price objective on shares of Covestro AG and gave the company a sell rating in a research report on Saturday, May 20th. UBS AG set a €85.00 ($100.00) price objective on shares of Covestro AG and gave the company a buy rating in a research report on Tuesday, June 6th. Baader Bank set a €70.00 ($82.35) price objective on shares of Covestro AG and gave the company a neutral rating in a research report on Thursday, June 29th. Finally, Independent Research GmbH set a €71.00 ($83.53) price objective on shares of Covestro AG and gave the company a neutral rating in a research report on Friday, June 30th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of €72.00 ($84.71).

Covestro AG (1COV) opened at 65.70 on Friday. Covestro AG has a 1-year low of €41.66 and a 1-year high of €76.40. The firm has a market capitalization of €13.30 billion and a PE ratio of 9.97. The company has a 50 day moving average of €65.01 and a 200 day moving average of €68.42.

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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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