€56.16
0.21% today
Xetra, Dec 30, 02:06 pm CET
ISIN
DE0006062144
Symbol
1COV
Industry

Covestro AG Target price 2024 - Analyst rating & recommendation

Covestro AG Classifications & Recommendation:

Buy
21%
Hold
79%

Covestro AG Price Target

Target Price €61.77
Price €56.16
Potential 9.99%
Number of Estimates 13
13 Analysts have issued a price target Covestro AG 2025 . The average Covestro AG target price is €61.77. This is 9.99% higher than the current stock price. The highest price target is €62.00 10.40% , the lowest is €60.00 6.84% .
A rating was issued by 14 analysts: 3 Analysts recommend Covestro AG to buy, 11 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Covestro AG stock has an average upside potential 2025 of 9.99% . Most analysts recommend the Covestro AG stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028


Dec '23 2024
Estimates
Revenue Billion € 14.38 14.26
19.99% 0.79%
EBITDA Margin 6.63% 7.71%
5.68% 16.31%
Net Margin -1.38% -1.28%
7.59% 7.14%

11 Analysts have issued a sales forecast Covestro AG 2024 . The average Covestro AG sales estimate is €14.3b . This is 0.81% higher than the revenue of the last 12 months(TTM). The highest sales forecast is €15.0b 6.35% , the lowest is €14.0b 1.03% .

This results in the following potential growth metrics:

Revenue Estimates

2023 €14.4b 19.99%
2024 €14.3b 0.79%
2025 €15.0b 5.41%
2026 €15.8b 5.20%
2027 €16.0b 1.40%
2028 €16.4b 2.04%

12 Analysts have issued an Covestro AG EBITDA forecast 2024. The average Covestro AG EBITDA estimate is €1.1b . This is 17.34% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is €1.4b 48.03% , the lowest is €1.0b 6.72% .

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 €953m 15.44%
2024 €1.1b 15.37%
2025 €1.4b 30.21%
2026 €1.7b 21.93%
2027 €2.1b 20.20%
2028 €2.5b 18.72%

EBITDA Margin

2023 6.63% 5.68%
2024 7.71% 16.31%
2025 9.52% 23.48%
2026 11.03% 15.86%
2027 13.08% 18.59%
2028 15.22% 16.36%

6 Covestro AG Analysts have issued a net profit forecast 2024. The average Covestro AG net profit estimate is €-182m . This is 29.97% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is €-104m 60.14% , the lowest is €-277m 6.40% .

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 €-198m 26.06%
2024 €-182m 7.96%
2025 €331m 281.47%
2026 €580m 75.12%
2027 €814m 40.36%
2028 €1.1b 41.27%

Net Margin

2023 -1.38% 7.59%
2024 -1.28% 7.14%
2025 2.20% 271.88%
2026 3.66% 66.36%
2027 5.07% 38.52%
2028 7.02% 38.46%

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028


Dec '23 2024
Estimates
Earnings Per Share -1.05 -0.97
26.06% 7.62%
P/E negative
EV/Sales 0.96

6 Analysts have issued a Covestro AG forecast for earnings per share. The average Covestro AG <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is €-0.97 . This is 29.71% higher than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is €-0.55 60.14% , the lowest is €-1.47 6.52% .

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 €-1.05 26.06%
2024 €-0.97 7.62%
2025 €1.75 280.41%
2026 €3.07 75.43%
2027 €4.31 40.39%
2028 €6.09 41.30%

P/E ratio

Current -40.70 267.33%
2024 -58.24 43.10%
2025 32.09 155.10%
2026 18.32 42.91%
2027 13.06 28.71%
2028 9.24 29.25%

Based on analysts' sales estimates for 2024, the Covestro AG stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 0.96 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 0.74 .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.97 15.48%
2024 0.96 1.18%
2025 0.91 5.13%
2026 0.86 4.95%
2027 0.85 1.38%
2028 0.84 1.99%

P/S ratio

Current 0.75 12.89%
2024 0.74 0.80%
2025 0.71 5.13%
2026 0.67 4.95%
2027 0.66 1.37%
2028 0.65 2.01%

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