Covestro AG

1COV

DE0006062144

Commodity Chemicals

Real-time Estimate Tradegate Other stock markets 09:40:00 2025-02-12 am EST			5-day change	1st Jan Change
58.10 ^EUR	+0.35%		+1.11%	+3.49%

Feb. 04	ADNOC's US investments moved to international arm XRG	RE
Feb. 03	ADNOC's deals with European companies	RE

COVESTRO : Jefferies reiterates its Buy rating

June 28, 2024 at 06:03 am EDT

In a research note published by Chris Counihan, Jefferies advises its customers to buy the stock. The target price is reviewed upwards from EUR 60 to EUR 62.

Latest news about Covestro AG

ADNOC's US investments moved to international arm XRG	Feb. 04	RE
ADNOC's deals with European companies	Feb. 03	RE
SAP sees growing demand for sustainability software despite U.S. climate disengagement	Jan. 31	RE
LG Chem Joins Global Impact Coalition for Net-Zero Chemicals	Jan. 23	MT
COVESTRO : JP Morgan reaffirms its Neutral rating	Jan. 20	ZD
DAX Index Muted Amid German Winter Recession Jitters	Jan. 08	MT
Covestro Expands Production in Ohio	Jan. 08	CI
Covestro to Expand Polycarbonate Compounding Production Capacity at US Site	Jan. 08	MT
Berenberg Cuts Covestro's Price Target on Potential Earnings Weakness in Near Term	Jan. 07	MT
Experts expect more IPOs and takeovers in 2025	Jan. 02	RE
INDEX-MONITOR: Covestro falls out of the DAX with takeover - FMC follows	Dec. 26	DP
Covestro AG(XTRA:1COV) dropped from Germany DAX Index (Performance)	Dec. 23	CI
Threat of turbulence around Christmas	Dec. 22	DP
Covestro flies out of the DAX after Christmas - FMC moves up	Dec. 20	RE
INDEX-MONITOR: Covestro falls out of the DAX with takeover - FMC follows	Dec. 19	DP
German Shares Slump; Volkswagen Reportedly Close to Labor Deal	Dec. 19	MT
Emirati Stocks Mixed After Fed's Hawkish Picture for 2025	Dec. 19	MT
Adnoc's XRG Secures Majority Stake in Covestro to Fuel Global Chemicals Expansion	Dec. 19	MT
Adnoc secures over 91 percent stake in Covestro	Dec. 19	RE
Adnoc-owned XRG Secures 91% Stake in Germany's Covestro	Dec. 19	MT
Covestro shareholders accept ADNOC's XRG takeover offer	Dec. 19	RE
Borse Stuttgart-News: Euwax Trends	Dec. 18	DP
Covestro Appoints New Chief Commercial Officer	Dec. 16	MT
Covestro Announces Executive Changes, Effective June 1, 2025	Dec. 15	CI
Abu Dhabi National Oil Company completed the acquisition of additional a 81.88% stake in Covestro AG for ?9.58 billion.	Dec. 15	CI

Covestro AG is a Germany-based company engaged in the manufacturing of polymer materials. It develops, produces and markets polyurethanes, polycarbonates and raw materials, as well as coatings, adhesives and other specialties. The Company's activities are divided into three segments: Polyurethanes, offering 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; Polycarbonates, providing plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, medical technology, lighting industries, among others; and Coatings, Adhesives, Specialties, producing precursors for coatings, adhesives, sealants and specialties, as well as polymer materials and aqueous dispersions for use in automotive and transportation, wood processing and furniture applications, among others.

Employees

17,545

Sector

Commodity Chemicals

Calendar

2025-02-25 - Q4 2024 Earnings Call

More about the company