Covestro AG

1COV

DE0006062144

Commodity Chemicals

Market Closed - Xetra Other stock markets 11:39:42 2024-05-10 am EDT			5-day change	1st Jan Change
48.21 ^EUR	-1.17%		+1.67%	-8.49%

May. 08	DZ Bank rates Covestro a 'Buy' - Fair value 63 euros	DP
May. 08	COVESTRO : DZ Bank maintains a Buy rating	ZD

COVESTRO : Goldman Sachs reiterates its Buy rating

April 13, 2021 at 04:47 am EDT

Georgina Iwamoto from Goldman Sachs retains his positive opinion on the stock with a Buy rating. The target price has been modified and is now set at EUR 75 compared to EUR 77.

Latest news about Covestro AG

DZ Bank rates Covestro a 'Buy' - Fair value 63 euros	May. 08	DP
COVESTRO : DZ Bank maintains a Buy rating	May. 08	ZD
Moody's Affirms Rating, Outlook on Germany's Covestro	May. 03	MT
Berenberg lowers target for Covestro to 50 euros - 'Hold'	May. 02	DP
COVESTRO : Berenberg reiterates its Neutral rating	May. 02	ZD
COVESTRO : Barclays maintains a Buy rating	Apr. 30	ZD
Global markets live: Adidas, Mercedes, McDonalds, Eli Lilly, PayPal, MicroStrategy, Tesla...	Apr. 30
Transcript : Covestro AG, Q1 2024 Earnings Call, Apr 30, 2024	Apr. 30
COVESTRO : Barclays sticks Neutral	Apr. 30	ZD
Covestro remains cautious for now despite recovery signals	Apr. 30	DP
UBS rates Covestro at 'Neutral' - Target 41 euros	Apr. 30	DP
COVESTRO : Gets a Neutral rating from UBS	Apr. 30	ZD
JPMorgan rates Covestro at 'Neutral' - Target 38 euros	Apr. 30	DP
COVESTRO : Gets a Buy rating from Baader Bank	Apr. 30	ZD
COVESTRO : JP Morgan reaffirms its Neutral rating	Apr. 30	ZD
COVESTRO : Buy rating from Jefferies	Apr. 30	ZD
Covestro beats first-quarter core profit expectations	Apr. 30	RE
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
Covestro AG Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 14	CI
UAE's ADNOC recently eyed BP as takeover target, sources say	Apr. 11	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

2024-05-13 - Citi Chemicals Conference

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

More Strategies

Ratings for Covestro AG

Trading Rating

Investor Rating

ESG Refinitiv

A-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

48.21 EUR

Average target price

52.93 EUR

Spread / Average Target

+9.79%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Plastics

	1st Jan change	Capi.
COVESTRO AG	-8.49%	9.8B
DOW INC.	+8.33%	41.78B
LG CHEM, LTD.	-20.44%	21.93B
FORMOSA PLASTICS CORPORATION	-13.38%	13.45B
FORMOSA CHEMICALS & FIBRE CORPORATION	-9.15%	10.2B
THE SUPREME INDUSTRIES LIMITED	+16.16%	8.02B
HANGZHOU FIRST APPLIED MATERIAL CO., LTD.	+10.42%	6.91B
YUNNAN ENERGY NEW MATERIAL CO., LTD.	-23.95%	5.78B
LOTTE CHEMICAL CORPORATION	-29.11%	3.34B
ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.	-22.78%	3.32B

Plastics

Covestro AG

Equities

1COV

DE0006062144

Commodity Chemicals

COVESTRO : Goldman Sachs reiterates its Buy rating

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