Covestro AG (1COV) Given a €85.00 Price Target at Deutsche Bank AG
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.
ILLEGAL ACTIVITY NOTICE: This news story was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international copyright laws. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/08/07/covestro-ag-1cov-given-a-85-00-price-target-at-deutsche-bank-ag-updated.html.
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.
Receive News & Stock Ratings for Covestro AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Covestro AG and related stocks with our FREE daily email newsletter.