Covestro AG

1COV

DE0006062144

Commodity Chemicals

Real-time Estimate Tradegate Other stock markets 03:52:08 17/07/2024 pm IST			5-day change	1st Jan Change
54.71 ^EUR	-0.24%		+0.15%	+3.87%

15/07	COVESTRO : UBS sticks Neutral	ZD
12/07	COVESTRO : JP Morgan sticks Neutral	ZD

COVESTRO : Raised to Buy by Credit Suisse

January 20, 2023 at 12:16 pm IST

Credit Suisse's analyst Samuel Perry upgrades his rating from Neutral to Buy. Previously set at EUR 31, the target price has been raised to EUR 48.

Latest news about Covestro AG

COVESTRO : UBS sticks Neutral	15/07	ZD
COVESTRO : JP Morgan sticks Neutral	12/07	ZD
Markets Powered by Alternating Current	10/07
Barclays Downgrades Covestro to Equalweight from Overweight	10/07	MT
Sentiment in the chemical industry brightens	08/07	DP
COVESTRO : UBS remains Neutral	08/07	ZD
Silver lining but no stable upturn - VCI maintains its forecast	08/07	RE
Germany's VCI says chemical industry's half-year sales fall 1%, confirms outlook	08/07	RE
Stocks Rise as Germany's Construction Industry Shows Signs of Rebuilding	04/07	MT
Covestro Signs Contract with BP to Boost Use of Renewable Energy in Spain	04/07	MT
DZ Bank rates Covestro a 'Buy' - Fair value 63 euros	03/07	DP
COVESTRO : DZ Bank reiterates its Buy rating	03/07	ZD
Would you like some more inflation?	28/06
COVESTRO : Jefferies reiterates its Buy rating	28/06	ZD
COVESTRO : Deutsche Bank gives a Buy rating	27/06	ZD
COVESTRO : Berenberg gives a Neutral rating	27/06	ZD
The same old winners	27/06
Dpa-AFX Overview: COMPANIES from 26.06.2024 - 15:15	26/06	DP
Covestro Enters Formal Talks With Adnoc	25/06	MT
Covestro gains further - but Adnoc offer price far away	25/06	DP
COVESTRO : Receives a Buy rating from Deutsche Bank	25/06	ZD
Shares Frankfurt opening: Airbus weighs on Dax with profit warning	25/06	DP
Covestro plans significant cost reductions	25/06	RE
Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify	25/06	RE
Chemicals group Covestro launches cost-cutting program	25/06	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

30/07/2024 - Q2 2024 Earnings Release

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

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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

54.84 EUR

Average target price

57.07 EUR

Spread / Average Target

+4.07%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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SUMITOMO BAKELITE COMPANY LIMITED	+21.57%	267.91Cr

Plastics

Covestro AG

Equities

1COV

DE0006062144

Commodity Chemicals

COVESTRO : Raised to Buy by Credit Suisse

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