J P Morgan Chase & Co Reiterates €100.00 Price Target for Covestro AG (1COV)

J P Morgan Chase & Co set a €100.00 ($117.65) price target on Covestro AG (ETR:1COV) in a report released on Monday morning. The brokerage currently has a buy rating on the stock.

A number of other analysts also recently weighed in on the stock. Nord/LB set a €80.00 ($94.12) price target on shares of Covestro AG and gave the stock a neutral rating in a report on Wednesday, October 25th. Citigroup Inc. set a €80.00 ($94.12) price target on shares of Covestro AG and gave the stock a neutral rating in a report on Wednesday, October 25th. Independent Research GmbH set a €81.00 ($95.29) price target on shares of Covestro AG and gave the stock a neutral rating in a report on Wednesday, October 25th. Goldman Sachs Group, Inc. (The) set a €65.00 ($76.47) price target on shares of Covestro AG and gave the stock a neutral rating in a report on Wednesday, October 25th. Finally, Deutsche Bank AG set a €88.00 ($103.53) price target on shares of Covestro AG and gave the stock a buy rating in a report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of €80.00 ($94.12).

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Covestro AG 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 AG (ETR:1COV)

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