Covestro AG (ETR:1COV) received a €90.00 ($105.88) price objective from analysts at UBS AG in a note issued to investors on Monday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock.

Several other analysts also recently weighed in on the company. Kepler Capital Markets set a €90.00 ($105.88) target price on Covestro AG and gave the company a “buy” rating in a research note on Tuesday, August 29th. Barclays PLC set a €74.00 ($87.06) target price on Covestro AG and gave the company a “neutral” rating in a research note on Monday, July 3rd. BNP Paribas set a €64.00 ($75.29) target price on Covestro AG and gave the company a “sell” rating in a research note on Monday, July 24th. 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, July 26th. Finally, Morgan Stanley set a €74.00 ($87.06) target price on Covestro AG and gave the company a “neutral” rating in a research note on Wednesday, August 23rd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. Covestro AG currently has an average rating of “Hold” and an average target price of €80.00 ($94.12).

Shares of Covestro AG (1COV) traded up 1.21% during mid-day trading on Monday, reaching €82.80. The company’s stock had a trading volume of 3,143 shares. The firm has a market capitalization of €16.77 billion and a PE ratio of 12.56. Covestro AG has a 52 week low of €53.01 and a 52 week high of €83.68. The firm has a 50-day moving average of €71.55 and a 200-day moving average of €68.21.

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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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