Covestro AG

1COV

DE0006062144

Commodity Chemicals

Market Closed - Xetra Other stock markets 16:35:10 29/04/2024 BST			5-day change	1st Jan Change
47.55 ^EUR	-1.08%		-1.96%	-9.74%

04-17	Covestro Says No Deadline to Conclude ADNOC talks, to Take the Necessary Time to Conclude ADNOC talks	CI
04-17	Covestro takeover by oil group Adnoc still up in the air	DP

COVESTRO : Berenberg reiterates its Neutral rating

August 09, 2022 at 10:18 am

Berenberg confirms his opinion on the stock and remains Neutral. The target price is lowered from EUR 50 to EUR 44.

Latest news about Covestro AG

Covestro Says No Deadline to Conclude ADNOC talks, to Take the Necessary Time to Conclude ADNOC talks	04-17	CI
Covestro takeover by oil group Adnoc still up in the air	04-17	DP
Covestro: no deadline to conclude ADNOC talks, will take the necessary time	04-17	RE
Transcript : Covestro AG - Shareholder/Analyst Call	04-17
Europe Styrene Output to Rise as Force Majeures Lifting in H2 April, Sources Say -- OPIS	04-16	DJ
Climate-neutral natural gas?: Experts doubt the effectiveness of offsetting	04-16	DP
UAE's ADNOC recently eyed BP as takeover target, sources say	04-11	RE
Citi recommends Wacker Chemie and Evonik - BASF, Lanxess 'Neutral'	04-08	DP
JPMorgan rates Covestro at 'Neutral' - Target 38 euros	04-04	DP
COVESTRO : JP Morgan remains Neutral	04-04	ZD
Covestro Launches New Production Plant in Antwerp, Belgium	03-27	MT
COVESTRO : JP Morgan gives a Neutral rating	03-22	ZD
Chemical industry sees first signs of recovery after crisis year	03-15	DP
Germany's chemicals lobby cuts 2024 outlook as price pressures persist	03-15	RE
New claim instrument for climate protection contracts launched	03-12	DP
Mood in German chemicals industry slightly improves in February - Ifo	03-12	RE
COVESTRO : Buy rating from Jefferies	03-06	ZD
COVESTRO : JP Morgan gives a Neutral rating	03-06	ZD
COVESTRO : DZ Bank maintains a Buy rating	03-04	ZD
COVESTRO : Deutsche Bank keeps its Buy rating	03-01	ZD
Berenberg raises target for Covestro to 54 euros - 'Hold'	03-01	DP
COVESTRO : Berenberg reiterates its Neutral rating	03-01	ZD
COVESTRO : JP Morgan reaffirms its Neutral rating	03-01	ZD
Transcript : Covestro AG, Q4 2023 Earnings Call, Feb 29, 2024	02-29
Dpa-AFX Overview: COMPANIES from 29.02.2024 - 15:15	02-29	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

06:00am - Q1 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 03:54 pm

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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

47.55 EUR

Average target price

53.14 EUR

Spread / Average Target

+11.76%

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 : Berenberg reiterates its Neutral 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