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 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 raw materials for coatings, adhesives, and sealants, as well as specialties. It offers 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. Covestro AG was founded in 2005 and is headquartered in Leverkusen, Germany.
Industry, Sector and Symbol
Industry Specialty Chemicals
Sub-IndustryN/A
SectorBasic Materials
Phone+49-214-60092000
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees16,648
OptionableNot Optionable
Covestro (ETR:1COV) Frequently Asked Questions
What is Covestro's stock symbol?
Covestro trades on the ETR under the ticker symbol "1COV."
What price target have analysts set for 1COV?
20 brokerages have issued 1 year price objectives for Covestro's stock. Their forecasts range from €48.00 to €85.00. On average, they expect Covestro's share price to reach €62.68 in the next twelve months. This suggests a possible upside of 29.3% from the stock's current price. View Analyst Price Targets for Covestro.
What is the consensus analysts' recommendation for Covestro?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Covestro in the last year. There are currently 12 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Covestro.
Has Covestro been receiving favorable news coverage?
Press coverage about 1COV stock has trended neutral this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Covestro earned a daily sentiment score of 0.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are some of Covestro's key competitors?
Some companies that are related to Covestro include Applied Graphene Materials (AGM), Autris (AUTR), BlueFire Renewables (BFRE), Brenntag (BNTGF), Brenntag (BNR), Brenntag (BNR), C-Bond Systems (CBNT), Cfoam (CFO), CLARIANT AG/ADR (CLZNY), Croda International (CRDA), Directa Plus (DCTA), Dotz Nano (DTZ), Ecosynthetix (ECO), Elementis (EMNSF) and Elementis (ELM).
Who are Covestro's key executives?
Covestro's management team includes the folowing people:
- Dr. Markus Steilemann, CEO & Member of Management Board (Age 48)
- Dr. Klaus Schäfer, CTO, Labor Director & Member of Management Board (Age 56)
- Dr. Thomas Toepfer, CFO & Member of Management Board (Age 46)
- Ronald Kohler, Head of Investor Relations
- Dr. Joachim H. Wolff, Head of Polyurethanes Bus. Unit (Age 66)
What is Covestro's stock price today?
One share of 1COV stock can currently be purchased for approximately €48.48.
What is Covestro's official website?
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.
MarketBeat Community Rating for Covestro (ETR 1COV)
MarketBeat's community ratings are surveys of what our community members think about Covestro and other stocks. Vote "Outperform" if you believe 1COV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe 1COV will underperform the S&P 500 over the long term. You may vote once every thirty days.
