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S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
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S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
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S&P 500   3,798.91
DOW   30,930.52
QQQ   316.41
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ETR:1COV

Covestro AG (1COV.F) Stock Forecast, Price & News

€55.04
+1.20 (+2.23 %)
(As of 01/18/2021 12:00 AM ET)
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Today's Range
€53.28
Now: €55.04
€55.26
50-Day Range
€45.84
MA: €50.23
€55.06
52-Week Range
€23.54
Now: €55.04
€55.70
Volume1.16 million shs
Average Volume917,794 shs
Market Capitalization$10.63 billion
P/E Ratio55.04
Dividend Yield2.23%
BetaN/A
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.
Covestro AG (1COV.F) logo

MarketRank

Overall MarketRank

1.36 out of 5 stars

Analyst Opinion: 2.2Community Rank: 2.5Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Specialty Chemicals
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+49-214-60092000
Employees16,626

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.56 billion
Cash Flow€9.86 per share
Book Value€27.20 per share

Profitability

Miscellaneous

Market Cap$10.63 billion
Next Earnings Date2/23/2021 (Estimated)
OptionableNot Optionable
€55.04
+1.20 (+2.23 %)
(As of 01/18/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Covestro AG (1COV.F) (ETR:1COV) Frequently Asked Questions

How has Covestro AG (1COV.F)'s stock been impacted by COVID-19 (Coronavirus)?

Covestro AG (1COV.F)'s stock was trading at €29.74 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, 1COV stock has increased by 85.1% and is now trading at €55.04.
View which stocks have been most impacted by COVID-19
.

Is Covestro AG (1COV.F) a buy right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Covestro AG (1COV.F) in the last year. There are currently 1 sell rating, 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Covestro AG (1COV.F) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in 1COV, but not buy additional shares or sell existing shares.
View analyst ratings for Covestro AG (1COV.F)
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Covestro AG (1COV.F)?

Wall Street analysts have given Covestro AG (1COV.F) a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Covestro AG (1COV.F) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Covestro AG (1COV.F)'s next earnings date?

Covestro AG (1COV.F) is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Covestro AG (1COV.F)
.

Is Covestro AG (1COV.F) a good dividend stock?

Covestro AG (1COV.F) pays an annual dividend of €1.20 per share and currently has a dividend yield of 2.23%. The dividend payout ratio of Covestro AG (1COV.F) is 120.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Covestro AG (1COV.F)'s dividend history.

What price target have analysts set for 1COV?

15 brokerages have issued 12 month price objectives for Covestro AG (1COV.F)'s shares. Their forecasts range from €29.00 to €67.00. On average, they anticipate Covestro AG (1COV.F)'s share price to reach €53.50 in the next twelve months. This suggests that the stock has a possible downside of 2.8%.
View analysts' price targets for Covestro AG (1COV.F)
or view Wall Street analyst' top-rated stocks.

Who are some of Covestro AG (1COV.F)'s key competitors?

What other stocks do shareholders of Covestro AG (1COV.F) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Covestro AG (1COV.F) investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil Co. (ATH.TO) (ATH), Allianz SE (ALV.F) (ALV), Aegean Marine Petroleum Network (ANW), Honeywell International (HON) and Micron Technology (MU).

Who are Covestro AG (1COV.F)'s key executives?

Covestro AG (1COV.F)'s management team includes the following people:
  • Dr. Markus Steilemann, CEO & Chairman of Management Board (Age 51, Pay $3.12M)
  • Dr. Thomas Toepfer, CFO, Labor Director & Member of Management Board (Age 49, Pay $1.88M)
  • 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 $950k)
  • 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 Jou, Head of Polycarbonates Segment
  • Michael Friede, Head of S Coatings, Adhesives, Specialties Segment
  • Mr. Uwe Arndt, Head of MDI Site

What is Covestro AG (1COV.F)'s stock symbol?

Covestro AG (1COV.F) trades on the ETR under the ticker symbol "1COV."

What is Covestro AG (1COV.F)'s stock price today?

One share of 1COV stock can currently be purchased for approximately €55.04.

How big of a company is Covestro AG (1COV.F)?

Covestro AG (1COV.F) has a market capitalization of $10.63 billion and generates $10.56 billion in revenue each year. Covestro AG (1COV.F) employs 16,626 workers across the globe.

What is Covestro AG (1COV.F)'s official website?

The official website for Covestro AG (1COV.F) is www.covestro.de.

How can I contact Covestro AG (1COV.F)?

Covestro AG (1COV.F)'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 1/19/2021 by MarketBeat.com Staff

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