Covestro AG buy maria3
Start price
02.08.22
/
50%
€32.95
Target price
02.08.23
€40.00
Performance (%)
43.40%
End price
03.08.23
€47.25
Summary
This prediction ended on 03.08.23 with a price of €47.25. The BUY prediction by maria3 for Covestro AG saw massive gains of 43.40%. maria3 has 50% into this predictionCovestro is a German-based multinational polymer company that specializes in the production of high-performance polymers, coatings, and adhesives used in various industries such as automotive, construction, and electronics. Formerly part of the chemical giant Bayer, Covestro became an independent company in 2015 and is now listed on the Frankfurt Stock Exchange. With over 30 production sites, Covestro has a global presence and employs over 16,000 people worldwide. The company's commitment to sustainability and innovation has earned it a reputation as a leader in the polymer industry.
Performance without dividends (%)
| Name | 1w | 1m | 1y |
|---|---|---|---|
| Covestro AG | -3.513% | -3.513% | 31.060% |
| iShares Core DAX® | 0.160% | -1.640% | 12.016% |
| iShares Nasdaq 100 | -3.020% | -4.715% | 37.102% |
| iShares Nikkei 225® | -2.519% | -7.621% | 18.066% |
| iShares S&P 500 | -1.377% | -2.809% | 26.536% |
According to maria3 what are the pros and cons of Covestro AG for the foreseeable future?
Pros
Higher EBIT margin than peer group
EBIT growth >5% per year expected
Cons
Comments by maria3 for this prediction
In the thread Covestro AG diskutieren
Die hohe Volatilität und die Prognosekürzungen sind nicht wirklich eine Überraschung. Das operative Ergebnis sollte aber passen.
In the thread Trading Covestro AG
Die von maria3 gewählte maximale Laufzeit wurde überschritten