BNP Paribas Analysts Give Covestro AG (1COV) a €66.00 Price Target
Covestro AG (ETR:1COV) has been assigned a €66.00 ($77.65) price target by equities research analysts at BNP Paribas in a note issued to investors on Thursday. The brokerage currently has a “sell” rating on the stock.
1COV has been the topic of a number of other research reports. Kepler Capital Markets set a €90.00 ($105.88) target price on Covestro AG and gave the stock a “buy” rating in a research note on Monday, July 3rd. Barclays PLC set a €74.00 ($87.06) price target on Covestro AG and gave the stock a “neutral” rating in a research report on Monday, July 3rd. Commerzbank Ag set a €78.00 ($91.76) price target on Covestro AG and gave the stock a “neutral” rating in a research report on Friday, June 30th. Independent Research GmbH set a €71.00 ($83.53) price target on Covestro AG and gave the stock a “neutral” rating in a research report on Friday, June 30th. Finally, Jefferies Group LLC set a €86.00 ($101.18) target price on Covestro AG and gave the company a “buy” rating in a research report on Friday, June 30th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of €74.20 ($87.29).
Shares of Covestro AG (ETR 1COV) opened at 71.25 on Thursday. The company’s 50 day moving average price is €68.92 and its 200 day moving average price is €68.00. The stock has a market capitalization of €14.43 billion and a PE ratio of 10.81. Covestro AG has a 52-week low of €50.70 and a 52-week high of €76.40.
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.
Receive News & Ratings for Covestro AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Covestro AG and related companies with MarketBeat.com's FREE daily email newsletter.