Covestro (ETR:1COV)‘s stock had its “sell” rating restated by equities research analysts at DZ Bank in a research note issued on Friday, Borsen Zeitung reports.

A number of other equities analysts also recently weighed in on 1COV. UBS Group set a €51.00 ($59.30) target price on Covestro and gave the stock a “neutral” rating in a research note on Monday, February 18th. Baader Bank set a €48.00 ($55.81) target price on Covestro and gave the stock a “neutral” rating in a research note on Monday, February 25th. JPMorgan Chase & Co. set a €62.00 ($72.09) target price on Covestro and gave the stock a “buy” rating in a research note on Monday, February 25th. Goldman Sachs Group set a €45.00 ($52.33) target price on Covestro and gave the stock a “neutral” rating in a research note on Monday, February 25th. Finally, Kepler Capital Markets set a €57.00 ($66.28) target price on Covestro and gave the stock a “buy” rating in a research note on Monday, February 25th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company’s stock. Covestro has a consensus rating of “Hold” and a consensus target price of €55.83 ($64.92).

Shares of ETR 1COV opened at €41.76 ($48.56) on Friday. Covestro has a twelve month low of €38.43 ($44.69) and a twelve month high of €83.98 ($97.65). The company has a market capitalization of $7.98 billion and a PE ratio of 5.80. The company has a current ratio of 2.17, a quick ratio of 1.27 and a debt-to-equity ratio of 33.57.

Covestro Company Profile

Covestro AG develops, produces, and markets polymer materials for various industries worldwide. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. The Polyurethanes segment offers 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.

Featured Article: No Load Funds

Analyst Recommendations for Covestro (ETR:1COV)

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