Covestro AG

1COV

DE0006062144

Commodity Chemicals

Real-time Estimate Tradegate Other stock markets 03:28:25 2024-04-16 am EDT			5-day change	1st Jan Change
50.5 ^EUR	-0.63%		-2.68%	-4.78%

Apr. 11	UAE's ADNOC recently eyed BP as takeover target, sources say	RE
Apr. 08	Citi recommends Wacker Chemie and Evonik - BASF, Lanxess 'Neutral'	DP

COVESTRO : NorldLB sticks Neutral

October 15, 2020 at 08:09 am EDT

Thorsten Strauß from NorldLB retains his Neutral opinion on the stock. Previously set at EUR 43, the target price has been raised to EUR 45.

Latest news about Covestro AG

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 : UBS sticks Neutral	Feb. 29	ZD
Covestro: reduces losses in 2023 but remains in the red	Feb. 29	CF
Baader Bank rates Covestro as 'Add' - Target 53 euros	Feb. 29	DP
COVESTRO : Baader Bank gives a Buy rating	Feb. 29	ZD
COVESTRO : Jefferies reiterates its Buy rating	Feb. 29	ZD
Covestro cancels dividend after lower earnings in challenging 2023	Feb. 29	RE

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

2024-04-17 - Annual General Meeting

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

50.82 EUR

Average target price

53.14 EUR

Spread / Average Target

+4.57%

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 : NorldLB 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