A number of research firms have changed their ratings and price targets for Covestro AG (ETR: 1COV):

  • 6/8/2017 – Covestro AG was given a new €53.00 ($59.16) price target on by analysts at Baader Bank. They now have a “sell” rating on the stock.
  • 6/2/2017 – Covestro AG was given a new €85.00 ($94.88) price target on by analysts at Kepler Capital Markets. They now have a “buy” rating on the stock.
  • 6/2/2017 – Covestro AG was given a new €53.00 ($59.16) price target on by analysts at Baader Bank. They now have a “sell” rating on the stock.
  • 6/2/2017 – Covestro AG was given a new €83.00 ($92.64) price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock.
  • 5/29/2017 – Covestro AG was given a new €58.00 ($64.74) price target on by analysts at Goldman Sachs Group, Inc. (The). They now have a “sell” rating on the stock.
  • 5/26/2017 – Covestro AG was given a new €86.00 ($95.99) price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 5/24/2017 – Covestro AG was given a new €55.00 ($61.39) price target on by analysts at HSBC Holdings plc. They now have a “sell” rating on the stock.
  • 5/20/2017 – Covestro AG was given a new €83.00 ($92.64) price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock.
  • 5/20/2017 – Covestro AG was given a new €58.00 ($64.74) price target on by analysts at Goldman Sachs Group, Inc. (The). They now have a “sell” rating on the stock.

Shares of Covestro AG (1COV) traded up 2.016% during trading on Monday, reaching €66.999. 2,859 shares of the company traded hands. The company has a 50 day moving average price of €67.15 and a 200 day moving average price of €68.03. The firm has a market capitalization of €13.57 billion and a price-to-earnings ratio of 12.556. Covestro AG has a 12-month low of €37.00 and a 12-month high of €76.40.

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.

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