Covestro AG (ETR:1COV) has been assigned a €96.00 ($112.94) target price by research analysts at Kepler Capital Markets in a report released on Tuesday. The firm currently has a “buy” rating on the stock.

A number of other equities research analysts have also issued reports on 1COV. Baader Bank set a €70.00 ($82.35) price target on Covestro AG and gave the stock a “neutral” rating in a research note on Thursday, June 29th. Morgan Stanley set a €70.00 ($82.35) price target on Covestro AG and gave the stock a “neutral” rating in a research note on Thursday, June 29th. Commerzbank Ag set a €78.00 ($91.76) price target on Covestro AG and gave the stock a “neutral” rating in a research note on Friday, June 30th. Jefferies Group LLC set a €86.00 ($101.18) price target on Covestro AG and gave the stock a “buy” rating in a research note on Friday, June 30th. Finally, Deutsche Bank AG set a €83.00 ($97.65) price target on Covestro AG and gave the stock a “buy” rating in a research note on Friday, June 30th. Two research 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. The stock has a consensus rating of “Hold” and an average price target of €75.07 ($88.31).

Covestro AG (ETR 1COV) opened at 76.424 on Tuesday. Covestro AG has a 1-year low of €50.70 and a 1-year high of €76.75. The stock’s 50 day moving average price is €70.08 and its 200 day moving average price is €68.01. The stock has a market capitalization of €15.48 billion and a PE ratio of 11.592.

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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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