JPMorgan Chase & Co. Analysts Give Covestro (1COV) a €100.00 Price Target

JPMorgan Chase & Co. set a €100.00 ($119.05) price objective on Covestro (ETR:1COV) in a report released on Monday morning. The firm currently has a buy rating on the stock.

Other analysts also recently issued research reports about the stock. Deutsche Bank set a €88.00 ($104.76) price objective on shares of Covestro and gave the stock a buy rating in a research report on Wednesday, October 25th. Jefferies Group set a €91.00 ($108.33) price objective on shares of Covestro and gave the stock a buy rating in a research report on Monday, October 23rd. DZ Bank restated a buy rating on shares of Covestro in a research report on Tuesday, October 24th. Citigroup set a €80.00 ($95.24) price objective on shares of Covestro and gave the stock a neutral rating in a research report on Wednesday, October 25th. Finally, Nord/LB set a €80.00 ($95.24) price objective on shares of Covestro and gave the stock a neutral rating in a research report on Friday, December 8th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. Covestro presently has a consensus rating of Hold and an average target price of €87.31 ($103.94).

Shares of Covestro (ETR 1COV) traded up €1.56 ($1.86) during trading hours on Monday, hitting €95.00 ($113.10). 981,561 shares of the stock traded hands, compared to its average volume of 842,289. The stock has a market cap of $18,920.00 and a P/E ratio of 12.27. Covestro has a twelve month low of €61.95 ($73.75) and a twelve month high of €94.36 ($112.33).

ILLEGAL ACTIVITY WARNING: This story was posted by BBNS and is the sole property of of BBNS. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://baseballnewssource.com/markets/jpmorgan-chase-100-00-price-target/1846718.html.

Covestro Company Profile

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.

 


Latest News

Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Report: 20-Second Clock and Limit on Mound Visits Rejected by MLBPA
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets


Leave a Reply

 
© 2006-2018 BBNS.