DZ Bank Reiterates “Neutral” Rating for Covestro (ETR:1COV)

DZ Bank reiterated their neutral rating on shares of Covestro (ETR:1COV) in a report released on Thursday, March 22nd.

1COV has been the topic of several other research reports. JPMorgan Chase restated a buy rating and issued a target price on shares of Covestro in a research note on Wednesday, March 14th. Citigroup set a €81.00 ($100.00) target price on Covestro and gave the company a neutral rating in a research note on Tuesday, March 20th. Societe Generale set a €80.00 ($98.77) price objective on Covestro and gave the stock a neutral rating in a research note on Friday, December 1st. UBS set a €110.00 ($135.80) price objective on Covestro and gave the stock a buy rating in a research note on Wednesday, January 24th. Finally, Independent Research set a €105.00 ($129.63) price objective on Covestro and gave the stock a buy rating in a research note on Tuesday, February 20th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of €92.35 ($114.02).

How to Become a New Pot Stock Millionaire

Shares of 1COV stock traded up €2.36 ($2.91) during trading on Thursday, reaching €80.92 ($99.90). The company’s stock had a trading volume of 1,264,657 shares, compared to its average volume of 917,794. Covestro has a 1-year low of €61.95 ($76.48) and a 1-year high of €96.32 ($118.91).

ILLEGAL ACTIVITY NOTICE: “DZ Bank Reiterates “Neutral” Rating for Covestro (ETR:1COV)” was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark laws. The legal version of this piece of content can be viewed at https://ledgergazette.com/2018/04/17/dz-bank-reaffirms-neutral-rating-for-covestro-1cov.html.

About Covestro

Covestro Aktiengesellschaft manufactures and sells polymer materials for various industries worldwide. It operates through three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. The Polyurethanes segment develops, produces, and markets precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries; and rigid foam used as insulating material in the construction industry and in refrigeration chains.

Analyst Recommendations for Covestro (ETR:1COV)

Receive News & Ratings for Covestro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Covestro and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply