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OTCMKTS:COVTY - Covestro Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $0.00
  • Forecasted Upside: -100.00 %
  • Number of Analysts: 13
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 6 Buy Ratings
  • 1 Strong Buy Ratings
$32.52 As of 01/15/2021 11:01 PM ET
▼ -0.925 (-2.77%)
1 month | 3 months | 12 months
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Analyst Price Target for COVTY

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$0.00
▼ -100.00% Downside Potential
This price target is based on 13 analysts offering 12 month price targets for Covestro in the last 3 months. The average price target is $0.00, with a high forecast of $0.00 and a low forecast of $10,000,000.00. The average price target represents a -100.00% upside from the last price of $32.52.
Buy
The current consensus among 13 polled investment analysts is to buy stock in Covestro. This rating has held steady since October 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 2 sell ratings
Ratings as of
7/28/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 2 sell ratings
Ratings as of
10/26/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
1/24/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
4/23/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 2 sell ratings
Ratings as of
7/22/2020
  • 1 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
10/20/2020
  • 1 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
12/19/2020
  • 1 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
1/18/2021

Latest Recommendations

  • 1 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetDetails
1/13/2021Berenberg BankReiterated RatingHold
i
12/17/2020UBS GroupReiterated RatingSell
i
12/14/2020Morgan StanleyReiterated RatingOverweight
i
12/9/2020Deutsche Bank AktiengesellschaftReiterated RatingBuy
i
12/8/2020UBS GroupReiterated RatingSell
i
12/7/2020Morgan StanleyReiterated RatingBuy
i
10/12/2020Credit Suisse GroupReiterated RatingNeutral
i
10/7/2020Morgan StanleyReiterated RatingOverweight
i
10/1/2020CSFBDowngradeOutperform ➝ Neutral
i
10/1/2020Main First BankUpgradeHold ➝ Buy
i
10/1/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral
i
9/30/2020Morgan StanleyReiterated RatingOverweight
i
9/15/2020Societe GeneraleReiterated RatingBuy
i
9/10/2020UBS GroupDowngradeNeutral ➝ Sell
i
9/8/2020JPMorgan Chase & Co.Reiterated RatingNeutral
i
9/4/2020Commerzbank AG (CBK.F)UpgradeHold ➝ Buy
i
9/2/2020The Goldman Sachs GroupUpgradeBuy ➝ Conviction-Buy
i
8/19/2020Deutsche Bank AktiengesellschaftReiterated RatingBuy
i
7/27/2020Main First BankUpgradeSell ➝ Hold
i
7/24/2020Credit Suisse GroupReiterated RatingOutperform
i
7/17/2020JPMorgan Chase & Co.Reiterated RatingNeutral
i
7/8/2020UBS GroupReiterated RatingNeutral
i
5/20/2020Bank of AmericaUpgradeUnderperform ➝ Neutral
i
5/4/2020UBS GroupReiterated RatingNeutral
i
3/30/2020Morgan StanleyReiterated RatingOverweight
i
3/24/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
i
3/3/2020Berenberg BankUpgradeSell ➝ Hold
i
2/7/2020CitigroupUpgradeSell ➝ Buy
i
2/5/2020Berenberg BankDowngradeHold ➝ Sell
i
1/30/2020Societe GeneraleUpgradeHold ➝ Buy
i
11/12/2019HSBCDowngradeHold ➝ Reduce
i
9/10/2019CitigroupDowngradeNeutral ➝ Sell
i
3/8/2019HSBCDowngradeBuy ➝ Hold
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3/8/2019BarclaysUpgradeEqual Weight ➝ Overweight
i
12/6/2018UBS GroupDowngradeBuy ➝ Neutral
i
(Data available from 1/19/2016 forward)
Covestro logo
Covestro AG develops, produces, and markets polymer materials for various industries worldwide. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties. The Polyurethanes segment offers precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries; and rigid foam used as an insulating material in the construction industry and in refrigeration chains. The Polycarbonates segment provides high-performance plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, electrical and electronic, medical technology, and lighting industries. The Coatings, Adhesives, Specialties segment offers precursors for coatings, adhesives, and sealants, as well as specialties. This segment also provides polymer materials and aqueous dispersions for use in automotive and transportation, infrastructure and construction, wood processing, and furniture applications. It markets its products through trading houses and distributors. Covestro AG was founded in 2005 and is headquartered in Leverkusen, Germany.
Read More

Today's Range

Now: $32.52
$32.12
$32.75

50 Day Range

MA: $30.58
$27.79
$33.60

52 Week Range

Now: $32.52
$13.18
$33.75

Volume

3,600 shs

Average Volume

7,445 shs

Market Capitalization

$12.56 billion

P/E Ratio

55.11

Dividend Yield

1.54%

Beta

1.53

Frequently Asked Questions

What sell-side analysts currently cover shares of Covestro?

The following Wall Street sell-side analysts have issued research reports on Covestro in the last twelve months: Bank of America Co., Berenberg Bank, Citigroup Inc., Commerzbank AG (CBK.F), Credit Suisse Group AG, CSFB, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Main First Bank AG, Morgan Stanley, Societe Generale, The Goldman Sachs Group, Inc., UBS Group AG, and Zacks Investment Research.

What is the current price target for Covestro?

0 Wall Street analysts have set twelve-month price targets for Covestro in the last year. has the lowest price target set, forecasting a price of $10,000,000.00 for Covestro in the next year.

What is the current consensus analyst rating for Covestro?

Covestro currently has 1 sell rating, 5 hold ratings, 6 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe COVTY will outperform the market and that investors should add to their positions of Covestro.

What other companies compete with Covestro?

Other companies that are similar to Covestro include A.P. Møller - Mærsk A/S, DENSO, ITOCHU, Vestas Wind Systems A/S, SMC, The Swatch Group, Jardine Matheson, Henkel AG & Co. KGaA, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, Sun Hung Kai Properties, China Shenhua Energy, Bank of Communications, Flutter Entertainment, Japan Tobacco and Experian.

How do I contact Covestro's investor relations team?

Covestro's physical mailing address is Kaiser-Wilhelm-Allee 60, Leverkusen 2M, 51373. The company's listed phone number is 49-2146-009-2000 and its investor relations email address is ir@covestro.com. The official website for Covestro is www.covestro.com.