OTCMKTS:COVTY - Covestro Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $48.94
  • Forecasted Upside: 198.40 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$16.40
▼ -0.67 (-3.93%)

This chart shows the closing price for COVTY by one month, three months, or twelve months.

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Analyst Price Target for COVTY

Analyst Price Target is $48.94
▲ +198.40% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Covestro in the last 3 months. The average price target is $48.94, with a high forecast of $62.00 and a low forecast of $34.00. The average price target represents a 198.40% upside from the last price of $16.40.

This chart shows the closing price for COVTY for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 10 polled investment analysts is to hold stock in Covestro. This rating has held steady since June 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 0 sell ratings
2/17/2021
  • 1 strong buy ratings
  • 7 buy ratings
  • 7 hold ratings
  • 1 sell ratings
5/18/2021
  • 1 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 1 sell ratings
8/16/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 5 hold ratings
  • 1 sell ratings
11/14/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 1 sell ratings
2/12/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/13/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
7/12/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings
8/11/2022

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/11/2022Oddo BhfDowngradeOutperform ➝ Neutral
8/5/2022Jefferies Financial GroupUpgradeHold ➝ Buy
8/4/2022DZ BankDowngradeBuy ➝ Hold€34.00
8/2/2022Deutsche Bank AktiengesellschaftLower Price TargetBuy ➝ Buy€60.00 ➝ €50.00
7/20/2022Credit Suisse GroupLower Price Target€53.00 ➝ €40.00
7/14/2022BarclaysLower Price TargetOverweight ➝ Overweight€71.00 ➝ €60.00
5/19/2022UBS GroupLower Price Target€43.00 ➝ €42.00
5/4/2022Deutsche Bank AktiengesellschaftLower Price Target€72.00 ➝ €60.00
5/4/2022JPMorgan Chase & Co.Lower Price TargetNeutral ➝ Neutral€62.00 ➝ €58.50
5/4/2022Societe GeneraleLower Price TargetHold ➝ Hold€56.00 ➝ €45.00
4/13/2022Stifel NicolausDowngradeBuy ➝ Hold
4/6/2022Deutsche Bank AktiengesellschaftLower Price TargetBuy ➝ Buy€74.00 ➝ €72.00
3/28/2022Morgan StanleyLower Price Target€64.00 ➝ €62.00
12/13/2021BarclaysBoost Price TargetOverweight ➝ Overweight€72.00 ➝ €73.00
12/8/2021UBS GroupLower Price TargetNeutral ➝ Neutral€61.00 ➝ €53.00
12/7/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral
11/18/2021HSBCUpgradeHold ➝ Buy
10/18/2021Societe GeneraleDowngradeBuy ➝ Hold
10/8/2021BarclaysBoost Price TargetOverweight€71.00 ➝ €72.00
10/1/2021UBS GroupUpgradeSell ➝ Neutral
9/2/2021BarclaysBoost Price TargetOverweight ➝ Overweight€70.00 ➝ €71.00
7/14/2021UBS GroupReiterated RatingSell
7/13/2021JPMorgan Chase & Co.Reiterated RatingUnderweight
6/21/2021Morgan StanleyReiterated RatingOverweight
4/29/2021Credit Suisse GroupReiterated RatingNeutral
4/26/2021BNP ParibasUpgradeNeutral ➝ Outperform
4/26/2021Exane BNP ParibasUpgradeNeutral ➝ Outperform
4/13/2021Morgan StanleyReiterated RatingOverweight
3/19/2021UBS GroupReiterated RatingSell
3/8/2021CitigroupDowngradeBuy ➝ Sell
2/26/2021Berenberg BankReiterated RatingHold
2/25/2021BarclaysReiterated RatingOverweight
2/25/2021Societe GeneraleReiterated RatingBuy
2/24/2021Credit Suisse GroupReiterated RatingNeutral
2/24/2021Deutsche Bank AktiengesellschaftReiterated RatingBuy
1/13/2021Berenberg BankReiterated RatingHold
12/17/2020UBS GroupReiterated RatingSell
12/14/2020Morgan StanleyReiterated RatingOverweight
12/9/2020Deutsche Bank AktiengesellschaftReiterated RatingBuy
12/8/2020UBS GroupReiterated RatingSell
12/7/2020Morgan StanleyReiterated RatingBuy
10/12/2020Credit Suisse GroupReiterated RatingNeutral
10/7/2020Morgan StanleyReiterated RatingOverweight
10/1/2020CSFBDowngradeOutperform ➝ Neutral
10/1/2020Main First BankUpgradeHold ➝ Buy
10/1/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral
9/30/2020Morgan StanleyReiterated RatingOverweight
9/15/2020Societe GeneraleReiterated RatingBuy
9/10/2020UBS GroupDowngradeNeutral ➝ Sell
9/8/2020JPMorgan Chase & Co.Reiterated RatingNeutral
9/4/2020CommerzbankUpgradeHold ➝ Buy
9/2/2020The Goldman Sachs GroupUpgradeBuy ➝ Conviction-Buy
8/19/2020Deutsche Bank AktiengesellschaftReiterated RatingBuy
7/27/2020Main First BankUpgradeSell ➝ Hold
7/24/2020Credit Suisse GroupReiterated RatingOutperform
7/17/2020JPMorgan Chase & Co.Reiterated RatingNeutral
7/8/2020UBS GroupReiterated RatingNeutral
5/20/2020Bank of AmericaUpgradeUnderperform ➝ Neutral
5/4/2020UBS GroupReiterated RatingNeutral
3/30/2020Morgan StanleyReiterated RatingOverweight
3/24/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral
3/3/2020Berenberg BankUpgradeSell ➝ Hold
2/7/2020CitigroupUpgradeSell ➝ Buy
2/5/2020Berenberg BankDowngradeHold ➝ Sell
1/30/2020Societe GeneraleUpgradeHold ➝ Buy
11/12/2019HSBCDowngradeHold ➝ Reduce
9/10/2019CitigroupDowngradeNeutral ➝ Sell
3/8/2019HSBCDowngradeBuy ➝ Hold
3/8/2019BarclaysUpgradeEqual Weight ➝ Overweight
12/6/2018UBS GroupDowngradeBuy ➝ Neutral
(Data available from 8/12/2017 forward)

News Sentiment Rating

0.21 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/14/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/13/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
3/15/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/14/2022
  • 0 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
5/14/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/13/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/13/2022
  • 1 very positive mentions
  • 12 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
8/12/2022

Current Sentiment

  • 1 very positive mentions
  • 12 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Covestro logo
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. The Solutions & Specialties segment comprises a range of polymer products, including precursors for coatings and adhesives, polycarbonates, MDI specialties and polyols, specialty films, elastomers, and thermoplastic polyurethanes that are used in automotive and transportation, electrical, electronics and household appliances, construction, and healthcare industries, as well as composite resins for wind turbine, rotor blades, laptop cases, and floodlights. The company markets its products through trading houses and distributors. It operates in Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China. The company was founded in 1863 and is headquartered in Leverkusen, Germany.
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Today's Range

Now: $16.40
Low: $16.37
High: $16.86

50 Day Range

MA: $18.08
Low: $15.92
High: $23.53

52 Week Range

Now: $16.40
Low: $15.64
High: $34.97

Volume

34,825 shs

Average Volume

152,119 shs

Market Capitalization

$6.34 billion

P/E Ratio

4.06

Dividend Yield

7.71%

Beta

1.21

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: Barclays PLC, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, DZ Bank AG, HSBC Holdings plc, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Oddo Bhf, Societe Generale, Stifel Nicolaus, and UBS Group AG.
View the latest analyst ratings for COVTY.

What is the current price target for Covestro?

8 Wall Street analysts have set twelve-month price targets for Covestro in the last year. Their average twelve-month price target is $48.94, suggesting a possible upside of 198.4%. Morgan Stanley has the highest price target set, predicting COVTY will reach $62.00 in the next twelve months. DZ Bank AG has the lowest price target set, forecasting a price of $34.00 for Covestro in the next year.
View the latest price targets for COVTY.

What is the current consensus analyst rating for Covestro?

Covestro currently has 6 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in COVTY, but not buy more shares or sell existing shares.
View the latest ratings for COVTY.

What other companies compete with Covestro?

Other companies that are similar to Covestro include Nissan Chemical, JFE, Sumitomo Chemical, Arkema and Orbia Advance. Learn More about companies similar to Covestro.

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 [email protected] The official website for Covestro is www.covestro.com. Learn More about contacing Covestro investor relations.