Covestro AG

1COV

DE0006062144

Commodity Chemicals

Market Closed - Xetra Other stock markets 11:35:23 2024-04-23 am EDT			Pre-market 02:11:23 am
48.73 ^EUR	+0.47%		48.92	+0.38%

Apr. 17	Covestro Says No Deadline to Conclude ADNOC talks, to Take the Necessary Time to Conclude ADNOC talks	CI
Apr. 17	Covestro takeover by oil group Adnoc still up in the air	DP

COVESTRO : DZ Bank sticks Neutral

July 23, 2020 at 09:27 am EDT

In his latest research note, analyst Peter Spengler confirms his recommendation. The broker DZ Bank is keeping its Neutral rating.

Latest news about Covestro AG

Covestro Says No Deadline to Conclude ADNOC talks, to Take the Necessary Time to Conclude ADNOC talks	Apr. 17	CI
Covestro takeover by oil group Adnoc still up in the air	Apr. 17	DP
Covestro: no deadline to conclude ADNOC talks, will take the necessary time	Apr. 17	RE
Transcript : Covestro AG - Shareholder/Analyst Call	Apr. 17
Europe Styrene Output to Rise as Force Majeures Lifting in H2 April, Sources Say -- OPIS	Apr. 16	DJ
Climate-neutral natural gas?: Experts doubt the effectiveness of offsetting	Apr. 16	DP
UAE's ADNOC recently eyed BP as takeover target, sources say	Apr. 11	RE
Citi recommends Wacker Chemie and Evonik - BASF, Lanxess 'Neutral'	Apr. 08	DP
JPMorgan rates Covestro at 'Neutral' - Target 38 euros	Apr. 04	DP
COVESTRO : JP Morgan remains Neutral	Apr. 04	ZD
Covestro Launches New Production Plant in Antwerp, Belgium	Mar. 27	MT
COVESTRO : JP Morgan gives a Neutral rating	Mar. 22	ZD
Chemical industry sees first signs of recovery after crisis year	Mar. 15	DP
Germany's chemicals lobby cuts 2024 outlook as price pressures persist	Mar. 15	RE
New claim instrument for climate protection contracts launched	Mar. 12	DP
Mood in German chemicals industry slightly improves in February - Ifo	Mar. 12	RE
COVESTRO : Buy rating from Jefferies	Mar. 06	ZD
COVESTRO : JP Morgan gives a Neutral rating	Mar. 06	ZD
COVESTRO : DZ Bank maintains a Buy rating	Mar. 04	ZD
COVESTRO : Deutsche Bank keeps its Buy rating	Mar. 01	ZD
Berenberg raises target for Covestro to 54 euros - 'Hold'	Mar. 01	DP
COVESTRO : Berenberg reiterates its Neutral rating	Mar. 01	ZD
COVESTRO : JP Morgan reaffirms its Neutral rating	Mar. 01	ZD
Transcript : Covestro AG, Q4 2023 Earnings Call, Feb 29, 2024	Feb. 29
Dpa-AFX Overview: COMPANIES from 29.02.2024 - 15:15	Feb. 29	DP

Covestro AG is one of the world's leading manufacturers of polymer materials. Its products are primarily used in the automotive, construction, electronics, furniture and textile industries. Net sales break down by family of products as follows: - specialty products (50.5%): raw materials for coatings, adhesives and films; - performance materials (47.8%): polyurethanes (flexible polyurethane foam mainly used in furniture, mattress and car seat upholstery, and rigid polyurethane foam used in the composition of building and refrigeration equipment insulation) and polycarbonates (high-performance polycarbonates used in automotive components, roof structures and medical devices); - other (16.3%). At the end of 2023, the group operated 48 production sites around the world. Net sales are distributed geographically as follows: Germany (12.1%), the United States (21.8%), China (21.4%) and other (44.7%).

Sector

Commodity Chemicals

Calendar

2024-04-30 - Q1 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR) , DAX

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

Covestro AG : Arbitration opportunity?

June 22, 2023 at 10:54 am EDT

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Ratings for Covestro AG

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

48.73 EUR

Average target price

53.14 EUR

Spread / Average Target

+9.06%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Plastics

Covestro AG

Equities

1COV

DE0006062144

Commodity Chemicals

COVESTRO : DZ Bank sticks Neutral

Latest news about Covestro AG

Chart Covestro AG

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for Covestro AG

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Plastics