Covestro (1COV) PT Set at €90.00 by Baader Bank

Covestro (ETR:1COV) received a €90.00 ($111.11) target price from research analysts at Baader Bank in a note issued to investors on Tuesday. The firm presently has a “neutral” rating on the stock. Baader Bank’s price objective suggests a potential upside of 9.62% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. DZ Bank reissued a “buy” rating on shares of Covestro in a research note on Monday, January 29th. UBS set a €110.00 ($135.80) price target on shares of Covestro and gave the stock a “buy” rating in a research note on Monday, February 12th. Credit Suisse Group set a €94.00 ($116.05) price target on shares of Covestro and gave the stock a “neutral” rating in a research note on Friday, January 26th. Independent Research set a €94.00 ($116.05) price target on shares of Covestro and gave the stock a “neutral” rating in a research note on Friday, January 12th. Finally, Societe Generale set a €96.00 ($118.52) price target on shares of Covestro and gave the stock a “neutral” rating in a research note on Thursday, January 11th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of €92.35 ($114.02).

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Shares of ETR 1COV opened at €82.10 ($101.36) on Tuesday. Covestro has a 1-year low of €61.95 ($76.48) and a 1-year high of €96.32 ($118.91).

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Covestro 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 (ETR:1COV)

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