Tag: Covestro
Covestro: Reduces its losses in 2023 but remains in red
(CercleFinance.com) – Covestro announces that its sales reached 14.4 billion euros in 2023, down 20% compared to the same period a year earlier. At the same time, EBITDA stood at…
Market: Covestro in “open” negotiations with ADNOC
by Emma-Victoria Farr and Yousef Saba BERLIN/DUBAI (Reuters) – Covestro said on Thursday it was in open negotiations with Abu Dhabi National Oil Co (ADNOC), as sources said the oil…
Covestro: forcefully overcomes the resistance of 49.5E
(CercleFinance.com) – Covestro strongly recrosses the resistance of 49.5E (tested on 06/26, 07/18, 08/24, 10/24) and would thus open -beyond 50.7E- on path of a retracement of the zenith of…
Interview with Covestro boss: “The government is not pursuing a good industrial policy”
One of the largest plastics manufacturers in the world wants to be climate-neutral by 2035 – and is entering into massive cooperation agreements in the USA. In an interview with…
Covestro: In the green with a brokerage increase
Receive daily value for free every morning The data collected is essential for this processing and is intended for the relevant departments of BFM Bourse and, where applicable, its service…
High costs, weak economy: Covestro is in the red
High costs, weak economy Covestro is in the red 01/13/2023, 7:55 p.m The plastics group Covestro surprisingly presented the key points of the past fiscal year. And just as unexpectedly,…
COVESTRO: JP Morgan not inspired by case
Analyst Chetan Udeshi does not change his recommendation. JP Morgan remains neutral on the issue. The target price remains fixed at 40…
Sharp criticism: Covestro considers the gas surcharge to be “highly immature”
Sharp criticism Covestro considers the gas allocation to be “highly immature” 08/24/2022, 11:17 am In the opinion of the plastics manufacturer Covestro, the controversial gas surcharge is not a great…
Covestro: weighed down by broker comments
(CercleFinance.com) – Covestro lost more than 5% in Frankfurt, weighed down by comments from Stifel, which reaffirmed its advice to ‘hold’ with a price target reduced from 53 to 34…
Covestro: UBS lowers its price target
(CercleFinance.com) – UBS reaffirms its ‘hold’ recommendation on Covestro with a price target reduced from 53 to 34 euros in the wake of a significant reduction in its projections for…
COVESTRO: Jefferies favorable on the file
In his latest research note, analyst Chris Counihan confirms his positive recommendation. The broker Jefferies was already buying. The target price continues…
Covestro: Jefferies raises its recommendation
(CercleFinance.com) – While lowering its price target from 56 to 40 euros on Covestro, in the wake of a 26% reduction on average in its EBITDA estimates, Jefferies is raising…