Covestro AG (ETR:1COV) received a €64.00 ($75.29) price target from research analysts at BNP Paribas in a research report issued on Friday. The firm presently has a “sell” rating on the stock.

Several other brokerages have also recently commented on 1COV. UBS AG set a €85.00 ($100.00) target price on shares of Covestro AG and gave the stock a “buy” rating in a report on Tuesday, July 25th. Commerzbank Ag set a €78.00 ($91.76) target price on shares of Covestro AG and gave the stock a “neutral” rating in a report on Tuesday, July 25th. Baader Bank set a €70.00 ($82.35) target price on shares of Covestro AG and gave the stock a “neutral” rating in a report on Tuesday, July 25th. J P Morgan Chase & Co set a €60.00 ($70.59) target price on shares of Covestro AG and gave the stock a “sell” rating in a report on Wednesday, July 26th. Finally, Goldman Sachs Group, Inc. (The) set a €58.00 ($68.24) target price on shares of Covestro AG and gave the stock a “sell” rating in a report on Friday, June 30th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. Covestro AG has a consensus rating of “Hold” and a consensus target price of €74.07 ($87.14).

Covestro AG (ETR 1COV) opened at 71.873 on Friday. Covestro AG has a 12-month low of €46.00 and a 12-month high of €76.40. The company has a market cap of €14.55 billion and a P/E ratio of 10.901. The stock’s 50 day moving average is €68.54 and its 200-day moving average is €67.95.

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Covestro AG Company Profile

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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