Bayer AG (BAYN) Given a €110.00 Price Target at Commerzbank AG
Bayer AG (FRA:BAYN) has been assigned a €110.00 ($122.22) target price by investment analysts at Commerzbank AG in a report released on Wednesday. The brokerage currently has a a “buy” rating on the stock.
A number of other analysts have also recently issued reports on BAYN. Nord/LB set a €112.00 ($124.44) target price on Bayer AG and gave the stock a “buy” rating in a report on Wednesday. Warburg Research set a €118.00 ($131.11) price target on Bayer AG and gave the stock a “buy” rating in a research report on Wednesday. S&P Global Inc. set a €120.00 ($133.33) price target on Bayer AG and gave the stock a “buy” rating in a research report on Tuesday. BNP Paribas set a €105.00 ($116.67) price target on Bayer AG and gave the stock a “neutral” rating in a research report on Friday, July 15th. Finally, Goldman Sachs Group Inc. set a €129.00 ($143.33) price target on Bayer AG and gave the stock a “buy” rating in a research report on Thursday, June 2nd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the stock. Bayer AG currently has an average rating of “Hold” and an average target price of €112.17 ($124.63).
Bayer AG (FRA:BAYN) opened at 92.80 on Wednesday. Bayer AG has a 12 month low of €83.87 and a 12 month high of €127.21. The stock has a market capitalization of €76.74 billion and a price-to-earnings ratio of 17.04. The stock’s 50 day moving average is €95.47 and its 200-day moving average is €95.90.
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