OTCMKTS:COVTY - Covestro Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $71.00
  • Forecasted Upside: 114.89 %
  • Number of Analysts: 13
  • Breakdown:
  • 3 Sell Ratings
  • 3 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$33.04
▲ +0.325 (0.99%)

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 $71.00
▲ +114.89% Upside 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 $71.00, with a high forecast of $71.00 and a low forecast of $71.00. The average price target represents a 114.89% upside from the last price of $33.04.

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 13 contributing investment analysts is to hold stock in Covestro. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 3 sell ratings
4/5/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 4 sell ratings
7/4/2020
  • 1 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 4 sell ratings
10/2/2020
  • 1 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 3 sell ratings
12/31/2020
  • 1 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 3 sell ratings
3/31/2021
  • 1 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 3 sell ratings
6/29/2021
  • 1 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 3 sell ratings
8/28/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 3 sell ratings
9/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 3 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
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 9/27/2016 forward)

News Sentiment Rating

0.54 (Buy)

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
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/1/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/31/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/30/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/30/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/29/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/29/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/28/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/27/2021

Current Sentiment

  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Covestro logo
Covestro AG develops, produces, and markets polymer materials for various industries. The company operates in three segments: Polyurethanes; Polycarbonates; and Coatings, Adhesives, Specialties (CAS). The Polyurethanes segment develops, produces, and markets chemical precursors, such as diphenylmethane diisocyanate, toluene diisocyanate, and polyether polyol, which are used primarily in the furniture, construction, and automotive industries. 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 CAS 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. 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: $33.04
Low: $32.86
High: $33.14

50 Day Range

MA: $32.91
Low: $31.02
High: $34.93

52 Week Range

Now: $33.04
Low: $23.46
High: $38.05

Volume

10,200 shs

Average Volume

19,747 shs

Market Capitalization

$12.77 billion

P/E Ratio

10.98

Dividend Yield

1.66%

Beta

1.43

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, Berenberg Bank, BNP Paribas, Citigroup Inc., Credit Suisse Group AG, CSFB, Deutsche Bank Aktiengesellschaft, Exane BNP Paribas, JPMorgan Chase & Co., Main First Bank AG, Morgan Stanley, Societe Generale, UBS Group AG, and Zacks Investment Research.
View the latest analyst ratings for COVTY.

What is the current price target for Covestro?

1 Wall Street analysts have set twelve-month price targets for Covestro in the last year. Their average twelve-month price target is $71.00, suggesting a possible upside of 114.9%. Barclays PLC has the highest price target set, predicting COVTY will reach $71.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $71.00 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 3 sell ratings, 3 hold ratings and 7 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.

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.