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).
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).
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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.
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