Covestro AG (ETR:1COV) has been given a €85.00 ($100.00) target price by Deutsche Bank AG in a research note issued to investors on Wednesday, July 26th. The brokerage presently has a “buy” rating on the stock.

Other equities analysts have also issued research reports about the stock. UBS AG set a €85.00 ($100.00) price target on shares of Covestro AG and gave the company a “buy” rating in a research report on Tuesday, June 6th. Kepler Capital Markets set a €85.00 ($100.00) price target on shares of Covestro AG and gave the company a “buy” rating in a research report on Friday, June 2nd. Jefferies Group LLC set a €86.00 ($101.18) price target on shares of Covestro AG and gave the company a “buy” rating in a research report on Friday, May 26th. DZ Bank AG restated a “buy” rating on shares of Covestro AG in a research report on Thursday, July 6th. Finally, Morgan Stanley set a €70.00 ($82.35) price target on shares of Covestro AG and gave the company a “neutral” rating in a research report on Thursday, June 29th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of €72.00 ($84.71).

Shares of Covestro AG (1COV) opened at 66.497 on Wednesday. The firm has a market cap of €13.47 billion and a PE ratio of 10.086. Covestro AG has a 1-year low of €41.66 and a 1-year high of €76.40. The stock’s 50 day moving average is €65.08 and its 200-day moving average is €68.44.

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Covestro AG Company Profile

Covestro AG is a Germany-based company engaged in the manufacture of plastic materials. The Company specializes in developing, producing and marketing of polyurethanes, polycarbonates and raw materials for automotive, construction, packing, wood and furniture, sports and leisure, medical, textile, cosmetics, as well as electrical and electronics sector, among others.

Analyst Recommendations for Covestro AG (ETR:1COV)

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