€58.12
0.14% day before yesterday
Xetra, Nov 01, 05:35 pm CET
ISIN
DE0006062144
Symbol
1COV
Index
Industry

Covestro AG Target price 2024 - Analyst rating & recommendation

Covestro AG Classifications & Recommendation:

Buy
27%
Hold
73%

Covestro AG Price Target

Target Price €61.14
Price €58.12
Potential 5.20%
Number of Estimates 14
14 Analysts have issued a price target Covestro AG 2025 . The average Covestro AG target price is €61.14. This is 5.20% higher than the current stock price. The highest price target is €62.00 6.68% , the lowest is €53.00 8.81% .
A rating was issued by 15 analysts: 4 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 5.20% . 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 14.36
19.99% 0.09%
EBITDA Margin 6.63% 7.90%
5.68% 19.18%
Net Margin -1.38% -0.87%
7.59% 36.88%

13 Analysts have issued a sales forecast Covestro AG 2024 . The average Covestro AG sales estimate is €14.4b . This is 1.52% 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 €14.4b 0.09%
2025 €15.1b 5.22%
2026 €15.9b 5.27%
2027 €16.1b 1.19%
2028 €16.4b 1.65%

14 Analysts have issued an Covestro AG EBITDA forecast 2024. The average Covestro AG EBITDA estimate is €1.1b . This is 21.06% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is €1.4b 48.03% , the lowest is €1.0b 11.85% .

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

EBITDA Estimates

2023 €953m 15.44%
2024 €1.1b 19.03%
2025 €1.5b 29.16%
2026 €1.8b 22.14%
2027 €2.1b 18.10%
2028 €2.5b 17.87%

EBITDA Margin

2023 6.63% 5.68%
2024 7.90% 19.18%
2025 9.69% 22.66%
2026 11.25% 16.10%
2027 13.13% 16.71%
2028 15.22% 15.92%

7 Covestro AG Analysts have issued a net profit forecast 2024. The average Covestro AG net profit estimate is €-125m . This is 52.13% higher than the net profit for the last 12 months(TTM). The highest net profit forecast is €-73.6m 71.74% , the lowest is €-245m 5.80% .

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

Net Profit Estimates

2023 €-198m 26.06%
2024 €-125m 37.09%
2025 €353m 382.88%
2026 €597m 69.16%
2027 €831m 39.20%
2028 €1.1b 38.40%

Net Margin

2023 -1.38% 7.59%
2024 -0.87% 36.88%
2025 2.33% 367.82%
2026 3.75% 60.94%
2027 5.16% 37.60%
2028 7.02% 36.05%

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


Dec '23 2024
Estimates
Earnings Per Share -1.05 -0.66
26.06% 37.14%
P/E negative
EV/Sales 0.98

7 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 €-0.66 . This is 52.17% 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 €-0.39 71.74% , the lowest is €-1.30 5.80% .

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

Earnings Per Share

2023 €-1.05 26.06%
2024 €-0.66 37.14%
2025 €1.87 383.33%
2026 €3.16 68.98%
2027 €4.40 39.24%
2028 €6.09 38.41%

P/E ratio

Current -42.03 328.44%
2024 -87.98 109.33%
2025 31.10 135.35%
2026 18.39 40.87%
2027 13.21 28.17%
2028 9.54 27.78%

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 0.98 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 0.76 .

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

EV/Sales

Current 0.99 26.92%
2024 0.98 1.41%
2025 0.93 4.95%
2026 0.88 5.01%
2027 0.87 1.18%
2028 0.86 1.62%

P/S ratio

Current 0.78 28.83%
2024 0.76 1.51%
2025 0.73 4.95%
2026 0.69 5.02%
2027 0.68 1.17%
2028 0.67 1.61%

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