Covestro (1COV) PT Set at €57.00 by Kepler Capital Markets

Covestro (ETR:1COV) has been given a €57.00 ($66.28) price objective by analysts at Kepler Capital Markets in a research note issued to investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Kepler Capital Markets’ price target points to a potential upside of 15.06% from the company’s previous close.

Several other equities analysts have also commented on the stock. UBS Group set a €51.00 ($59.30) price objective on shares of Covestro and gave the company a “neutral” rating in a research report on Monday, February 4th. Goldman Sachs Group set a €45.00 ($52.33) price objective on shares of Covestro and gave the company a “neutral” rating in a research report on Friday, February 1st. Nord/LB set a €48.00 ($55.81) price objective on shares of Covestro and gave the company a “neutral” rating in a research report on Thursday, January 24th. Baader Bank set a €48.00 ($55.81) price objective on shares of Covestro and gave the company a “neutral” rating in a research report on Friday, January 18th. Finally, Credit Suisse Group set a €53.00 ($61.63) target price on shares of Covestro and gave the stock a “neutral” rating in a report on Thursday, January 17th. Twelve analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of €62.47 ($72.64).

1COV stock opened at €49.54 ($57.60) on Tuesday. Covestro has a 52 week low of €61.95 ($72.03) and a 52 week high of €96.32 ($112.00).

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.

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Analyst Recommendations for Covestro (ETR:1COV)

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