Commerzbank set a €93.00 ($110.71) price target on Covestro Aktiengesellschaft (ETR:1COV) in a report published on Wednesday. The firm currently has a buy rating on the stock.

1COV has been the subject of a number of other research reports. Kepler Capital Markets set a €90.00 ($107.14) target price on shares of Covestro Aktiengesellschaft and gave the stock a buy rating in a research note on Tuesday, August 29th. Deutsche Bank reaffirmed a buy rating on shares of Covestro Aktiengesellschaft in a research note on Friday, August 25th. J P Morgan Chase & Co set a €60.00 ($71.43) price target on shares of Covestro Aktiengesellschaft and gave the company a sell rating in a research note on Thursday, September 28th. Morgan Stanley set a €74.00 ($88.10) price target on shares of Covestro Aktiengesellschaft and gave the company a neutral rating in a research note on Wednesday, August 23rd. Finally, Societe Generale set a €80.00 ($95.24) price objective on shares of Covestro Aktiengesellschaft and gave the company a neutral rating in a report on Friday, December 1st. One research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of €85.06 ($101.26).

Shares of Covestro Aktiengesellschaft (ETR 1COV) traded up €0.46 ($0.55) during trading hours on Wednesday, hitting €85.44 ($101.71). 587,334 shares of the stock were exchanged, compared to its average volume of 557,768. Covestro Aktiengesellschaft has a 52 week low of €61.07 ($72.70) and a 52 week high of €88.41 ($105.25).

ILLEGAL ACTIVITY WARNING: This report was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/12/14/covestro-aktiengesellschaft-1cov-given-a-93-00-price-target-by-commerzbank-analysts.html.

Covestro Aktiengesellschaft Company Profile

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)

Receive News & Ratings for Covestro Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Covestro Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.