Covestro AG (ETR:1COV) has been assigned a €69.00 ($81.18) target price by equities researchers at Barclays PLC in a report issued on Monday. The brokerage presently has a “neutral” rating on the stock.

Several other equities analysts have also issued reports on the company. Deutsche Bank AG set a €83.00 ($97.65) price target on Covestro AG and gave the stock a “buy” rating in a research report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €58.00 ($68.24) price target on Covestro AG and gave the stock a “sell” rating in a research report on Saturday, May 20th. UBS AG set a €85.00 ($100.00) price target on Covestro AG and gave the stock a “buy” rating in a research report on Tuesday, June 6th. Baader Bank set a €70.00 ($82.35) price target on Covestro AG and gave the stock a “neutral” rating in a research report on Thursday, June 29th. Finally, Independent Research GmbH set a €71.00 ($83.53) price target on Covestro AG and gave the stock a “neutral” rating in a research report on Friday, June 30th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. Covestro AG currently has an average rating of “Hold” and a consensus target price of €71.67 ($84.31).

Shares of Covestro AG (ETR:1COV) opened at 66.667 on Monday. Covestro AG has a 12-month low of €41.66 and a 12-month high of €76.40. The company has a market capitalization of €13.50 billion and a PE ratio of 10.112. The stock’s 50 day moving average price is €65.29 and its 200 day moving average price is €68.46.

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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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