Covestro Aktiengesellschaft (ETR:1COV) received a €93.00 ($110.71) price target from research analysts at Commerzbank in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the stock. Commerzbank’s price target suggests a potential upside of 12.66% from the company’s previous close.

Several other brokerages have also weighed in on 1COV. Deutsche Bank set a €85.00 ($101.19) target price on shares of Covestro Aktiengesellschaft and gave the stock a “buy” rating in a research report on Wednesday, October 4th. UBS set a €95.00 ($113.10) target price on shares of Covestro Aktiengesellschaft and gave the stock a “buy” rating in a research report on Thursday. Independent Research set a €73.00 ($86.90) target price on shares of Covestro Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Thursday, September 14th. Jefferies Group set a €91.00 ($108.33) target price on shares of Covestro Aktiengesellschaft and gave the stock a “buy” rating in a research report on Monday, October 23rd. Finally, Societe Generale set a €80.00 ($95.24) target price on shares of Covestro Aktiengesellschaft and gave the stock a “neutral” rating in a research report on Friday, December 1st. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of €85.06 ($101.26).

Shares of Covestro Aktiengesellschaft (ETR:1COV) traded down €0.74 ($0.88) during trading on Thursday, hitting €82.55 ($98.27). The stock had a trading volume of 491,256 shares, compared to its average volume of 572,524. Covestro Aktiengesellschaft has a fifty-two week low of €61.07 ($72.70) and a fifty-two week high of €88.41 ($105.25).

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About Covestro Aktiengesellschaft

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 Aktiengesellschaft (ETR:1COV)

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