Covestro AG

1COV

DE0006062144

Commodity Chemicals

Market Closed - Xetra Other stock markets 11:37:49 2024-09-06 EDT			5-day change	1st Jan Change
55.28 ^EUR	-0.58%		-0.22%	+4.94%

09-06	COVESTRO : Barclays remains Neutral	ZD
09-04	Borse Stuttgart-News: Euwax Trends	DP

COVESTRO : UBS reiterates its Neutral rating

August 12, 2024 at 08:04 am

Geoff Haire from UBS retains his Neutral opinion on the stock. The target price continues to be set at EUR 52.

Latest news about Covestro AG

COVESTRO : Barclays remains Neutral	09-06	ZD
Borse Stuttgart-News: Euwax Trends	09-04	DP
Adnoc Said to Be Preparing Debt Offering	09-02	MT
UAE Stocks Close Mixed as Energy Prices Fall Amid Supply Issues	08-29	MT
Everything will probably stay the same in the Dax - No relegated stocks	08-29	RE
German chemical firms moving more research abroad, industry body warns	08-29	RE
Chemical and pharmaceutical industry: research spending to remain virtually stable	08-29	DP
COVESTRO : JP Morgan remains Neutral	08-29	ZD
German Stocks Advance; Covestro Shines on Adnoc Deal Progress	08-28	MT
ADNOC finalising due diligence on Covestro, sources say	08-28	RE
Adnoc Said to Move Forward with Covestro Takeover Bid in September	08-28	MT
Circles: Adnoc could present offer for Covestro soon	08-28	DP
Bundeswehr supports drone investigations	08-23	RE
Covestro, Holcim help German investigators after drone flights over plants	08-23	RE
Covestro Takeover by Adnoc Likely to Proceed as Talks Continue, Berenberg Says	08-16	MT
COVESTRO : Berenberg reiterates its Neutral rating	08-16	ZD
COVESTRO : UBS reiterates its Neutral rating	08-12	ZD
COVESTRO : Receives a Buy rating from DZ Bank	07-31	ZD
COVESTRO : Deutsche Bank remains its Buy rating	07-31	ZD
Frankfurt shares close: Gains ahead of Microsoft figures and Fed	07-30	DP
Global markets live: Diageo, Apple, Tesla, Meta Platforms, PayPal, Pfizer...	07-30
Transcript : Covestro AG, Q2 2024 Earnings Call, Jul 30, 2024	07-30
COVESTRO : JP Morgan reaffirms its Neutral rating	07-30	ZD
COVESTRO : UBS sticks Neutral	07-30	ZD
Sluggish economy: Chemicals group Covestro lowers profit forecast	07-30	DP

Covestro AG is one of the world's leading manufacturers of polymer materials. Its products are primarily used in the automotive, construction, electronics, furniture and textile industries. Net sales break down by family of products as follows: - specialty products (50.5%): raw materials for coatings, adhesives and films; - performance materials (47.8%): polyurethanes (flexible polyurethane foam mainly used in furniture, mattress and car seat upholstery, and rigid polyurethane foam used in the composition of building and refrigeration equipment insulation) and polycarbonates (high-performance polycarbonates used in automotive components, roof structures and medical devices); - other (16.3%). At the end of 2023, the group operated 48 production sites around the world. Net sales are distributed geographically as follows: Germany (12.1%), the United States (21.8%), China (21.4%) and other (44.7%).

Employees

17,509

Sector

Commodity Chemicals

Calendar

2024-10-28 - Q3 2024 Earnings Call

Related indices

STOXX Europe 600 Index (EUR) , DAX

More about the company