Bayer AG (BAYRY) Releases Quarterly Earnings Results
Bayer AG (NASDAQ:BAYRY) released its earnings data on Tuesday. The company reported $2.35 earnings per share for the quarter, missing the analysts’ consensus estimate of $2.47 by $0.12, Analyst Ratings Network reports.
A number of research firms have recently commented on BAYRY. Analysts at Zacks reiterated a “neutral” rating on shares of Bayer AG in a research note on Wednesday, April 30th. They now have a $144.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $144.00.
Bayer AG (NASDAQ:BAYRY) opened at 141.55 on Tuesday. Bayer AG has a 1-year low of $101.94 and a 1-year high of $142.75. The stock’s 50-day moving average is $135.4 and its 200-day moving average is $134.1. The company has a market cap of $117.1 billion and a P/E ratio of 24.76.
Bayer AG is a German management holding company with core competencies in the field of health care, nutrition and high-tech materials.
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