Covestro (1COV) Given a €120.00 Price Target at Kepler Capital Markets

Kepler Capital Markets set a €120.00 ($139.53) price objective on Covestro (ETR:1COV) in a report published on Thursday morning. The firm currently has a buy rating on the stock.

Several other research firms have also commented on 1COV. Barclays set a €98.00 ($113.95) price target on shares of Covestro and gave the stock a neutral rating in a research report on Friday, June 29th. UBS Group set a €100.00 ($116.28) price target on shares of Covestro and gave the stock a buy rating in a research report on Wednesday, October 10th. Commerzbank set a €110.00 ($127.91) price target on shares of Covestro and gave the stock a buy rating in a research report on Friday, July 27th. Baader Bank set a €66.00 ($76.74) price target on shares of Covestro and gave the stock a neutral rating in a research report on Thursday. Finally, Credit Suisse Group set a €77.00 ($89.53) price target on shares of Covestro and gave the stock a neutral rating in a research report on Thursday, October 4th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of €83.89 ($97.55).

Covestro stock opened at €52.70 ($61.28) on Thursday. Covestro has a one year low of €61.95 ($72.03) and a one year high of €96.32 ($112.00).



About Covestro

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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