Analysts foresee less revenue Covestro

Tomorrow Covestro will publish its past quarters results. Over the current book year the company from Leverkusen could achieve a revenue around 10.71 billion euros (consensus estimates). This is rather significant lower than 2019's revenue of 12.41 billion euros.

Historical revenues and results Covestro plus estimates 2020

koersgrafieken Covestro

The analysts expect for 2020 a net profit of 456 million euros. The majority of the analysts expects for this year a profit per share of 2.45 euros. Based on this the price/earnings-ratio is 24.53.

Per share the analysts anticipate on a dividend of 1.2 euros per share. Covestro 's dividend yield thus equals 2 percent. The average dividend yield of the chemical companies equals a poor 0.85 percent.

Newest target prices around 54 euros

The latest 3 recommendations for the chemical company were provided by Baader Bank, UBS and HSBC .

Based on the current number of shares Covestro 's market capitalization equals 10.98 billion euros. The Covestro stock was the past 12 months quite volatile. Since last February the stock is even 52 percent higher. This year the stock price moved between 24 and 60 euro.

Historical stock prices Covestro

stock analysis covestro

Click here for dividend Covestro. At 17.35 the stock trades 2.45 percent higher at 60.1 euros.

Analist.nl Nieuwsdienst: +31 084-0032-842
nieuws@analist.nl

Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. Analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.