Deutsche Bank Sticks to Their Hold Rating for Covestro (0RBE)
In a report released yesterday, Tim Jones from Deutsche Bank maintained a Hold rating on Covestro (0RBE – Research Report), with a price target of €62.00. The company's shares closed yesterday at €60.46.
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According to TipRanks, Jones is a 3-star analyst with an average return of 3.4% and a 54.40% success rate.
Covestro has an analyst consensus of Hold, with a price target consensus of €61.80, implying a 2.22% upside from current levels. In a report released on June 26, UBS also maintained a Hold rating on the stock with a €62.00 price target.
The company has a one-year high of €60.84 and a one-year low of €49.24. Currently, Covestro has an average volume of 5,551.
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