Deutsche Bank AG set a €85.00 ($98.84) target price on Covestro AG (ETR:1COV) in a research report report published on Wednesday. The firm currently has a buy rating on the stock.

1COV has been the subject of a number of other reports. UBS AG set a €85.00 ($98.84) target price on Covestro AG and gave the company a buy rating in a research note on Tuesday, July 25th. Commerzbank Ag set a €78.00 ($90.70) target price on Covestro AG and gave the company a neutral rating in a research note on Tuesday, July 25th. Baader Bank set a €70.00 ($81.40) target price on Covestro AG and gave the company a neutral rating in a research note on Tuesday, July 25th. J P Morgan Chase & Co set a €60.00 ($69.77) target price on Covestro AG and gave the company a sell rating in a research note on Wednesday. Finally, Goldman Sachs Group, Inc. (The) set a €58.00 ($67.44) target price on Covestro AG and gave the company a sell rating in a research note on Friday, June 30th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €72.00 ($83.72).

Covestro AG (ETR:1COV) opened at 66.057 on Wednesday. Covestro AG has a 12 month low of €41.66 and a 12 month high of €76.40. The company has a market cap of €13.38 billion and a price-to-earnings ratio of 10.019. The company has a 50-day moving average of €64.96 and a 200-day moving average of €68.34.

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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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