Covestro Aktiengesellschaft (1COV) Given a €95.00 Price Target at UBS Group
UBS Group set a €95.00 ($113.10) target price on Covestro Aktiengesellschaft (ETR:1COV) in a research note released on Monday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
Other equities analysts have also recently issued research reports about the company. Barclays set a €71.00 ($84.52) target price on Covestro Aktiengesellschaft and gave the stock a neutral rating in a research report on Thursday, September 14th. Deutsche Bank set a €88.00 ($104.76) target price on Covestro Aktiengesellschaft and gave the stock a buy rating in a research report on Wednesday, October 25th. Goldman Sachs Group set a €65.00 ($77.38) target price on Covestro Aktiengesellschaft and gave the stock a neutral rating in a research report on Friday, September 15th. Jefferies Group set a €91.00 ($108.33) target price on Covestro Aktiengesellschaft and gave the stock a buy rating in a research report on Monday, October 23rd. Finally, JPMorgan Chase & Co. set a €60.00 ($71.43) target price on Covestro Aktiengesellschaft and gave the stock a sell rating in a research report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. Covestro Aktiengesellschaft has an average rating of Hold and an average price target of €86.06 ($102.46).
Covestro Aktiengesellschaft (ETR:1COV) opened at €88.52 ($105.38) on Monday. Covestro Aktiengesellschaft has a 52-week low of €61.40 ($73.10) and a 52-week high of €89.00 ($105.95). The stock has a market capitalization of $17,930.00 and a PE ratio of 11.44.
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Covestro Aktiengesellschaft 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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