Covestro AG (ETR:1COV) received a €71.00 ($84.52) price target from Barclays PLC in a research report issued on Thursday. The firm currently has a “neutral” rating on the stock.

A number of other analysts have also recently issued reports on 1COV. Deutsche Bank AG set a €83.00 ($98.81) target price on shares of Covestro AG and gave the stock a “buy” rating in a research note on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €58.00 ($69.05) target price on shares of Covestro AG and gave the stock a “sell” rating in a research note on Saturday, May 20th. HSBC Holdings plc set a €55.00 ($65.48) target price on shares of Covestro AG and gave the stock a “sell” rating in a research note on Wednesday, May 24th. Jefferies Group LLC set a €86.00 ($102.38) target price on shares of Covestro AG and gave the stock a “buy” rating in a research note on Friday, May 26th. Finally, Baader Bank set a €53.00 ($63.10) target price on shares of Covestro AG and gave the stock a “sell” rating in a research note on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €73.07 ($86.98).

Covestro AG (1COV) traded up 1.233% on Thursday, hitting €69.801. 2,962 shares of the stock traded hands. Covestro AG has a 52 week low of €44.44 and a 52 week high of €76.40. The firm’s 50 day moving average is €66.38 and its 200 day moving average is €67.72. The stock has a market cap of €14.13 billion and a price-to-earnings ratio of 10.587.

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About Covestro AG

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.

Analyst Recommendations for Covestro AG (ETR:1COV)

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