Covestro AG (ETR:1COV) has been assigned a €91.00 ($107.06) price objective by investment analysts at Jefferies Group LLC in a report issued on Monday. The brokerage presently has a “buy” rating on the stock.

A number of other equities research analysts have also weighed in on the company. Baader Bank set a €70.00 ($82.35) target price on Covestro AG and gave the company a “neutral” rating in a research note on Wednesday, October 18th. Kepler Capital Markets set a €96.00 ($112.94) target price on Covestro AG and gave the company a “buy” rating in a research note on Wednesday, October 18th. Independent Research GmbH set a €75.00 ($88.24) target price on Covestro AG and gave the company a “neutral” rating in a research note on Monday, October 16th. BNP Paribas set a €66.00 ($77.65) target price on Covestro AG and gave the company a “sell” rating in a research note on Thursday, October 12th. Finally, Deutsche Bank AG set a €85.00 ($100.00) target price on Covestro AG and gave the company a “buy” rating in a research note on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. Covestro AG presently has a consensus rating of “Hold” and a consensus price target of €75.07 ($88.31).

Shares of Covestro AG (ETR 1COV) opened at 72.33 on Monday. The stock has a 50 day moving average price of €69.82 and a 200 day moving average price of €68.11. The firm has a market cap of €14.65 billion and a PE ratio of 10.97. Covestro AG has a 52 week low of €50.70 and a 52 week high of €76.40.

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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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