QQQ   386.20 (+0.80%)
AAPL   165.32 (+2.15%)
MSFT   326.19 (+0.98%)
FB   317.87 (+3.59%)
GOOGL   2,863.10 (+0.81%)
AMZN   3,427.37 (+1.11%)
TSLA   1,009.01 (-0.59%)
NVDA   300.37 (-2.14%)
BABA   123.60 (+10.40%)
NIO   32.34 (+0.59%)
CGC   10.15 (+1.60%)
AMD   139.06 (-3.44%)
GE   96.01 (+3.49%)
MU   82.45 (+1.02%)
T   23.28 (-0.77%)
F   19.22 (+0.42%)
DIS   150.37 (+2.84%)
PFE   51.48 (-5.14%)
AMC   28.79 (-0.76%)
ACB   5.97 (+2.58%)
BA   205.88 (+3.72%)
QQQ   386.20 (+0.80%)
AAPL   165.32 (+2.15%)
MSFT   326.19 (+0.98%)
FB   317.87 (+3.59%)
GOOGL   2,863.10 (+0.81%)
AMZN   3,427.37 (+1.11%)
TSLA   1,009.01 (-0.59%)
NVDA   300.37 (-2.14%)
BABA   123.60 (+10.40%)
NIO   32.34 (+0.59%)
CGC   10.15 (+1.60%)
AMD   139.06 (-3.44%)
GE   96.01 (+3.49%)
MU   82.45 (+1.02%)
T   23.28 (-0.77%)
F   19.22 (+0.42%)
DIS   150.37 (+2.84%)
PFE   51.48 (-5.14%)
AMC   28.79 (-0.76%)
ACB   5.97 (+2.58%)
BA   205.88 (+3.72%)
QQQ   386.20 (+0.80%)
AAPL   165.32 (+2.15%)
MSFT   326.19 (+0.98%)
FB   317.87 (+3.59%)
GOOGL   2,863.10 (+0.81%)
AMZN   3,427.37 (+1.11%)
TSLA   1,009.01 (-0.59%)
NVDA   300.37 (-2.14%)
BABA   123.60 (+10.40%)
NIO   32.34 (+0.59%)
CGC   10.15 (+1.60%)
AMD   139.06 (-3.44%)
GE   96.01 (+3.49%)
MU   82.45 (+1.02%)
T   23.28 (-0.77%)
F   19.22 (+0.42%)
DIS   150.37 (+2.84%)
PFE   51.48 (-5.14%)
AMC   28.79 (-0.76%)
ACB   5.97 (+2.58%)
BA   205.88 (+3.72%)
QQQ   386.20 (+0.80%)
AAPL   165.32 (+2.15%)
MSFT   326.19 (+0.98%)
FB   317.87 (+3.59%)
GOOGL   2,863.10 (+0.81%)
AMZN   3,427.37 (+1.11%)
TSLA   1,009.01 (-0.59%)
NVDA   300.37 (-2.14%)
BABA   123.60 (+10.40%)
NIO   32.34 (+0.59%)
CGC   10.15 (+1.60%)
AMD   139.06 (-3.44%)
GE   96.01 (+3.49%)
MU   82.45 (+1.02%)
T   23.28 (-0.77%)
F   19.22 (+0.42%)
DIS   150.37 (+2.84%)
PFE   51.48 (-5.14%)
AMC   28.79 (-0.76%)
ACB   5.97 (+2.58%)
BA   205.88 (+3.72%)
ETR:1COV

Covestro Stock Forecast, Price & News

€50.70
-0.64 (-1.25%)
(As of 12/3/2021 12:00 AM ET)
Add
Compare
Today's Range
€50.46
€51.74
50-Day Range
€50.68
€59.34
52-Week Range
€45.50
€63.24
Volume
768,067 shs
Average Volume
917,794 shs
Market Capitalization
$9.79 billion
P/E Ratio
6.01
Dividend Yield
2.37%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
Receive 1COV News and Ratings via Email

Sign-up to receive the latest news and ratings for Covestro and its competitors with MarketBeat's FREE daily newsletter.


Covestro logo

About Covestro

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.

Headlines

Covestro (ETR:1COV) Given a €75.00 Price Target at Baader Bank
November 23, 2021 |  americanbankingnews.com
Covestro (ETR:1COV) PT Set at €90.00 by The Goldman Sachs Group
November 17, 2021 |  americanbankingnews.com
Covestro (ETR:1COV) Given a €60.00 Price Target at Nord/LB
November 15, 2021 |  americanbankingnews.com
Covestro raises 2021 profit forecast for third time
November 8, 2021 |  ca.finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry
Specialty Chemicals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
16,395
Year Founded
N/A

Sales & Book Value

Annual Sales
$14.57 billion
Cash Flow
€2.57 per share
Book Value
€37.34 per share

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$9.79 billion
Optionable
Not Optionable

MarketRank

Overall MarketRank

2.34 out of 5 stars

Analyst Opinion: 3.3Community Rank: 4.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -












Covestro (ETR:1COV) Frequently Asked Questions

Is Covestro a buy right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Covestro in the last year. There are currently 2 sell ratings, 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Covestro stock.
View analyst ratings for Covestro
or view top-rated stocks.

How has Covestro's stock been impacted by COVID-19 (Coronavirus)?

Covestro's stock was trading at €29.74 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, 1COV stock has increased by 70.5% and is now trading at €50.70.
View which stocks have been most impacted by COVID-19
.

Is Covestro a good dividend stock?

Covestro pays an annual dividend of €1.30 per share and currently has a dividend yield of 2.37%. The dividend payout ratio of Covestro is 15.40%. This payout ratio is at a healthy, sustainable level, below 75%.

What price target have analysts set for 1COV?

14 Wall Street analysts have issued 1 year price targets for Covestro's stock. Their forecasts range from €55.00 to €90.00. On average, they expect Covestro's stock price to reach €68.62 in the next twelve months. This suggests a possible upside of 35.3% from the stock's current price.
View analysts' price targets for Covestro
or view top-rated stocks among Wall Street analysts.

Who are Covestro's key executives?

Covestro's management team includes the following people:
  • Dr. Markus Steilemann, CEO & Chairman of Management Board (Age 51, Pay $3.15M)
  • Dr. Thomas Toepfer, CFO, Labor Director & Member of Management Board (Age 49, Pay $1.8M)
  • Dr. Klaus Schäfer, CTO & Member of Management Board (Age 59, Pay $1.53M)
  • Ms. Sucheta Govil, Chief Commercial Officer & Member of Management Board (Age 58, Pay $1.42M)
  • Mr. Ronald Koehler, Head of Investor Relations
  • Dr. Joachim H. Wolff, Head of Polyurethanes Bus. Unit (Age 69)
  • Mr. Daniel Meyer, Head of Polyurethanes (PU) Segment (Age 54)
  • Ms. Michelle B. B. Jou, Head of Polycarbonates Segment (Age 52)
  • Michael Friede, Head of S Coatings, Adhesives, Specialties Segment
  • Mr. Uwe Arndt, Head of MDI Site

What other stocks do shareholders of Covestro own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Covestro investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), Allianz (ALV), Aegean Marine Petroleum Network (ANW), Honeywell International (HON) and Micron Technology (MU).

What is Covestro's stock symbol?

Covestro trades on the ETR under the ticker symbol "1COV."

What is Covestro's stock price today?

One share of 1COV stock can currently be purchased for approximately €50.70.

How much money does Covestro make?

Covestro has a market capitalization of $9.79 billion and generates $14.57 billion in revenue each year.

How many employees does Covestro have?

Covestro employs 16,395 workers across the globe.

What is Covestro's official website?

The official website for Covestro is www.covestro.de.

Where are Covestro's headquarters?

How can I contact Covestro?

Covestro's mailing address is Kaiser-Wilhelm-Allee 60, LEVERKUSEN, 51373, Germany. The company can be reached via phone at +49-214-60092000.


This page was last updated on 12/6/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.