Business Börse Express - ANALYSIS FLASH: Goldman lowers target for...

Börse Express – ANALYSIS FLASH: Goldman lowers target for Covestro to 41 euros

The US investment bank Goldman Sachs has that
Course target for Covestro by numbers for the first
Quarter down from 47 to 41 euros, the classification according to
Leave the price slide of the past few months on “Buy”. I did
she reduced her earnings expectations for the plastics company, but
there is now an attractive entry point, wrote
Analyst Georgina Iwamoto in a study available on Friday.
The company is good in terms of a market recovery
set up. In addition, it has clarity in the current crisis
in terms of short-term sales development. With a view to
the dividend there are two scenarios, both positive for the price
could be: either the 2.40 euros as originally planned
distributed per share or the dividend reduced by
To secure liquidity ./mis/jha

Publication of the original study: April 30th, 2020 / 21:26 / BST

First transmission of the original study: date in study not
specified / time in study not specified / time zone in study
not specified

 ISIN  DE0006062144

AXC0066 2020-05-01 / 10: 12

Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.

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