Covestro AG

1COV

DE0006062144

Commodity Chemicals

Market Closed - Xetra Other stock markets 16:35:11 16/07/2024 BST			5-day change	1st Jan Change
54.84 ^EUR	+0.26%		-0.87%	+4.10%

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

COVESTRO : JP Morgan gives a Neutral rating

January 16, 2023 at 06:57 am

Chetan Udeshi from JP Morgan retains his Neutral opinion on the stock. The target price is reduced from EUR 40 to EUR 38.

Latest news about Covestro AG

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

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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

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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Plastics

Covestro AG

Equities

1COV

DE0006062144

Commodity Chemicals

COVESTRO : JP Morgan gives a 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