Covestro (1COV) Given a €80.00 Price Target at Deutsche Bank

Deutsche Bank set a €80.00 ($93.02) price objective on Covestro (ETR:1COV) in a report published on Friday morning. The firm currently has a buy rating on the stock.

1COV has been the topic of several other research reports. Goldman Sachs Group set a €53.00 ($61.63) price target on shares of Covestro and gave the stock a sell rating in a research note on Monday, October 22nd. Barclays set a €87.00 ($101.16) price target on shares of Covestro and gave the stock a neutral rating in a research note on Tuesday, August 28th. Kepler Capital Markets set a €120.00 ($139.53) price target on shares of Covestro and gave the stock a buy rating in a research note on Wednesday, October 10th. HSBC set a €107.00 ($124.42) price target on shares of Covestro and gave the stock a buy rating in a research note on Monday, July 16th. Finally, Independent Research set a €78.00 ($90.70) price target on shares of Covestro and gave the stock a neutral rating in a research note on Thursday, September 13th. One investment 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 currently has a consensus rating of Hold and an average target price of €83.89 ($97.55).

Shares of Covestro stock opened at €52.70 ($61.28) on Friday. Covestro has a 1-year low of €61.95 ($72.03) and a 1-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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