CVVTF - Covestro: Mixed Results But We Remain Confident In The German Chemical Player
- Despite the guidance downgrade, we still believe that Covestro is heavily discounted compared to its closest peers.
- Energy impact and China slowdown in Q2 are priced in.
- Buyback confirmed which supports our buy rating.
For further details see:
Covestro: Mixed Results But We Remain Confident In The German Chemical Player