COVESTRO AG O.N. found using the Ticker (1COV.DE) have now 19 analysts reporting on the stock, giving a consensus recommendation of ‘buy’. The target price ranges between €126.00 and €80. with a mean TP of €105.21. Now with the previous closing price of €62.28 this now indicates there is a potential upside of 68.9%. The day 50 moving average is €58.08 and the 200 day moving average is €48.58. The market cap for the company is €12b. Company Website: http://www.covestro.com
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.
