| Over a week ago | ||||
Apollo Global Management… Apollo Global Management (APO) is exploring a takeover of plastics maker Covestro (COVTY), Bloomberg's d Hammond Eyk Henning Dinesh Nair report, citing people familiar with the matter. Apollo has contacted Covestro in recent weeks, sources said. Reference Link | ||||
Societe Generale analyst… Societe Generale analyst Thomas Swoboda raised the firm's price target on Covestro to EUR 53 from EUR 40 and keeps a Buy rating on the shares. | ||||
UBS analyst Geoff Haire… UBS analyst Geoff Haire downgraded Covestro to Sell from Neutral with a EUR 39 price target. | ||||
JPMorgan analyst Chetan… JPMorgan analyst Chetan Udeshi raised the firm's price target on Covestro to EUR 40 from EUR 30.50 and keeps a Neutral rating on the shares. | ||||
Commerzbank analyst… Commerzbank analyst Michael Schaefer upgraded Covestro to Buy from Hold with a EUR 50 price target. | |
Barclays analyst… Barclays analyst Sebastian Satz raised the firm's price target on Covestro to EUR 48 from EUR 44 and keeps an Overweight rating on the shares. | |
Goldman Sachs analyst… Goldman Sachs analyst Georgina Iwamoto upgraded Covestro to Conviction Buy from Buy with a price target of EUR 67, up from EUR 48. The analyst says she expects the company to generate "improved earnings momentum" and positive volume leverage in 2021, leading to a "rapid earnings recovery". Iwamoto adds that Covestro's operational leverage is "underestimated" and sees the company's growth outlook being supportive of its "historical ability" to capture additional market share. |
| Over a month ago | ||||
Deutsche Bank analyst Tim… Deutsche Bank analyst Tim Jones raised the firm's price target on Covestro to EUR 50 from EUR 45 and keeps a Buy rating on the shares. | ||||
Barclays analyst… Barclays analyst Sebastian Satz raised the firm's price target on Covestro to EUR 44 from EUR 42 and keeps an Overweight rating on the shares. | ||||