Covestro (ETR:1COV) Given a €36.00 Price Target at UBS Group

UBS Group set a €36.00 ($36.73) price objective on Covestro (ETR:1COVGet Rating) in a research report sent to investors on Monday, Borsen Zeitung reports.

1COV has been the topic of a number of other reports. Jefferies Financial Group set a €40.00 ($40.82) price objective on shares of Covestro in a research note on Tuesday, November 15th. Berenberg Bank set a €44.00 ($44.90) price target on shares of Covestro in a report on Thursday, October 27th. JPMorgan Chase & Co. set a €40.00 ($40.82) price target on shares of Covestro in a report on Tuesday, October 25th. Barclays set a €56.00 ($57.14) target price on shares of Covestro in a report on Monday. Finally, The Goldman Sachs Group set a €44.00 ($44.90) target price on shares of Covestro in a report on Tuesday, November 8th.

Covestro Trading Down 3.5 %

Shares of 1COV stock opened at €35.02 ($35.73) on Monday. The firm has a 50 day moving average price of €33.06 and a two-hundred day moving average price of €34.43. The company has a quick ratio of 0.85, a current ratio of 1.78 and a debt-to-equity ratio of 36.17. The company has a market capitalization of $6.77 billion and a PE ratio of 7.48. Covestro has a 12-month low of €27.69 ($28.26) and a 12-month high of €58.48 ($59.67).

Covestro Company Profile

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Covestro AG supplies high-tech polymer materials and related application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof structures, insulation for buildings and refrigerators, mattresses, car seats, and other applications.

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