Covestro (1COV) PT Set at €66.00 by Baader Bank

Covestro (ETR:1COV) received a €66.00 ($76.74) price target from analysts at Baader Bank in a report issued on Thursday. The brokerage currently has a “neutral” rating on the stock. Baader Bank’s price target points to a potential upside of 25.24% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. UBS Group reaffirmed a “buy” rating and set a price objective on shares of Covestro in a research report on Wednesday, July 11th. HSBC set a €107.00 ($124.42) price objective on shares of Covestro and gave the stock a “buy” rating in a research report on Tuesday, July 3rd. Kepler Capital Markets set a €120.00 ($139.53) price objective on shares of Covestro and gave the stock a “buy” rating in a research report on Friday, June 29th. Deutsche Bank set a €102.00 ($118.60) price objective on shares of Covestro and gave the stock a “buy” rating in a research report on Friday, June 29th. Finally, JPMorgan Chase & Co. set a €105.00 ($122.09) price objective on shares of Covestro and gave the stock a “buy” rating in a research report on Monday, July 2nd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of €83.89 ($97.55).

Shares of 1COV stock opened at €52.70 ($61.28) on Thursday. Covestro has a 52 week low of €61.95 ($72.03) and a 52 week high of €96.32 ($112.00).



Covestro Company Profile

Covestro AG develops, produces, and markets polymer materials for various industries worldwide. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. The Polyurethanes segment offers 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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Analyst Recommendations for Covestro (ETR:1COV)

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