Covestro AG

1COV

DE0006062144

Commodity Chemicals

Market Closed - Xetra Other stock markets 09:05:17 08/05/2024 pm IST			5-day change	1st Jan Change
48.43 ^EUR	-1.61%		+3.09%	-8.07%

08/05	DZ Bank rates Covestro a 'Buy' - Fair value 63 euros	DP
08/05	COVESTRO : DZ Bank maintains a Buy rating	ZD

COVESTRO : Barclays reaffirms its Buy rating

January 16, 2024 at 05:58 pm IST

Barclays is positive on the stock with a Buy rating. The target price has been lifted and is now set at EUR 61 compared to EUR 59 before.

Latest news about Covestro AG

DZ Bank rates Covestro a 'Buy' - Fair value 63 euros	08/05	DP
COVESTRO : DZ Bank maintains a Buy rating	08/05	ZD
Moody's Affirms Rating, Outlook on Germany's Covestro	03/05	MT
Berenberg lowers target for Covestro to 50 euros - 'Hold'	02/05	DP
COVESTRO : Berenberg reiterates its Neutral rating	02/05	ZD
COVESTRO : Barclays maintains a Buy rating	01/05	ZD
Global markets live: Adidas, Mercedes, McDonalds, Eli Lilly, PayPal, MicroStrategy, Tesla...	30/04
Transcript : Covestro AG, Q1 2024 Earnings Call, Apr 30, 2024	30/04
COVESTRO : Barclays sticks Neutral	30/04	ZD
Covestro remains cautious for now despite recovery signals	30/04	DP
UBS rates Covestro at 'Neutral' - Target 41 euros	30/04	DP
COVESTRO : Gets a Neutral rating from UBS	30/04	ZD
JPMorgan rates Covestro at 'Neutral' - Target 38 euros	30/04	DP
COVESTRO : Gets a Buy rating from Baader Bank	30/04	ZD
COVESTRO : JP Morgan reaffirms its Neutral rating	30/04	ZD
COVESTRO : Buy rating from Jefferies	30/04	ZD
Covestro beats first-quarter core profit expectations	30/04	RE
Covestro Says No Deadline to Conclude ADNOC talks, to Take the Necessary Time to Conclude ADNOC talks	17/04	CI
Covestro takeover by oil group Adnoc still up in the air	17/04	DP
Covestro: no deadline to conclude ADNOC talks, will take the necessary time	17/04	RE
Transcript : Covestro AG - Shareholder/Analyst Call	17/04
Europe Styrene Output to Rise as Force Majeures Lifting in H2 April, Sources Say -- OPIS	16/04	DJ
Climate-neutral natural gas?: Experts doubt the effectiveness of offsetting	16/04	DP
Covestro AG Reports Earnings Results for the First Quarter Ended March 31, 2024	15/04	CI
UAE's ADNOC recently eyed BP as takeover target, sources say	11/04	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

14/05/2024 - 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 08:24 pm IST

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

48.43 EUR

Average target price

52.93 EUR

Spread / Average Target

+9.29%

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 : Barclays reaffirms 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