Covestro AG

1COV

DE0006062144

Commodity Chemicals

Real-time Estimate Tradegate Other stock markets 05:48:35 24/06/2024 pm IST			5-day change	1st Jan Change
54.59 ^EUR	+6.54%		+9.74%	+3.49%

01:32pm	COVESTRO : Receives a Buy rating from Jefferies	ZD
12:22pm	Covestro far from possible offer price of 62 euros	DP

COVESTRO : Barclays keeps its Buy rating

June 10, 2024 at 11:11 am IST

In a research note published by Alex Stewart, Barclays advises its customers to buy the stock. The target price remains unchanged at EUR 61.

Latest news about Covestro AG

COVESTRO : Receives a Buy rating from Jefferies	05:02pm	ZD
Covestro far from possible offer price of 62 euros	03:52pm	DP
Covestro Begins Concrete Takeover Talks With Adnoc With Improved Offer Price	03:28pm	MT
Adnoc beckons with higher offer for Covestro - concrete negotiations begin	03:27pm	RE
Covestro opens books to ADNOC over $12.5 bln takeover offer	03:24pm	RE
Covestro says will negotiate with ADNOC based on 62 eur/shr takeover offer	03:05pm	RE
Circles: Adnoc holds out the prospect of a takeover bid of 62 euros per share for Covestro	03:04pm	DP
ADNOC SENT A LETTER TO COVESTRO OFFICIALLY INFORMING THE COMPANY…	02:50pm	RE
Thousands take part in warning strikes in the chemical industry	20/06	DP
Recommendation helps Wacker Chemie, Lanxess hardly at all - Brenntag falls	14/06	DP
COVESTRO : Stifel sticks Neutral	14/06	ZD
European Equities Close Lower in Tuesday Trading; Financial Stocks Fall Sharply	11/06	MT
German Shares Bleed Amid Political Uncertainty in Europe	11/06	MT
Dpa-AFX Overview: COMPANIES as of 11/06/2024 - 15:15	11/06	DP
Adnoc Said Open to Sweeten Covestro Offer Amid Due Diligence Talks	11/06	MT
Covestro back in focus with Adnoc takeover speculation	11/06	DP
Neste, Covestro to Collaborate on Recycling Tires into Automotive Plastics	11/06	MT
Abu Dhabi National Oil Company Reportedly Said Close to Due Diligence on $12 Billion Covestro Deal	11/06	CI
COVESTRO : Barclays keeps its Buy rating	10/06	ZD
Collective bargaining partners in the chemical industry adjourn again	05/06	DP
BioBTX BV announced that it has received ?42 million in funding from Invest-NL, Infinity Recycling B.V., Covestro AG, Carduso Capital B.V., NOM Finance, Groninger Groeifonds	03/06	CI
COVESTRO : Deutsche Bank reaffirms its Buy rating	28/05	ZD
German Shares Close Lower on UK Inflation Data Miss	22/05	MT
Chemical industry sees first rays of hope - VCI raises annual targets	15/05	RE
Chemical industry sees first rays of hope and becomes more confident for 2024	15/05	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

27/06/2024 - Capital Markets Day

Related indices

STOXX EUROPE 600 (EUR) , DAX

More about the company

Income Statement Evolution

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Analysis / Opinion

Covestro AG : Arbitration opportunity?

June 22, 2023 at 08:24 pm IST

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Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

51.24 EUR

Average target price

52.93 EUR

Spread / Average Target

+3.30%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

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Plastics

Covestro AG

Equities

1COV

DE0006062144

Commodity Chemicals

COVESTRO : Barclays keeps 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