Bayer AG (FRA:BAYN) has been assigned a €112.00 ($124.44) price objective by equities research analysts at Nord/LB in a research report issued to clients and investors on Wednesday. The brokerage currently has a a “buy” rating on the stock.

Several other equities analysts have also recently commented on the stock. BNP Paribas set a €105.00 ($116.67) target price on shares of Bayer AG and gave the stock a “neutral” rating in a research report on Tuesday, May 24th. Deutsche Bank AG set a €124.00 ($137.78) target price on shares of Bayer AG and gave the stock a “buy” rating in a research report on Tuesday, May 24th. Bankhaus Lampe set a €130.00 ($144.44) target price on shares of Bayer AG and gave the stock a “buy” rating in a research report on Wednesday, May 25th. Commerzbank AG set a €102.00 ($113.33) target price on shares of Bayer AG and gave the stock a “buy” rating in a research report on Wednesday, May 25th. Finally, Independent Research GmbH set a €95.00 ($105.56) target price on shares of Bayer AG and gave the stock a “neutral” rating in a research report on Thursday, May 26th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €112.17 ($124.63).

Analyst Recommendations for Bayer AG (FRA:BAYN)

Shares of Bayer AG (FRA:BAYN) opened at 92.80 on Wednesday. The company’s 50-day moving average price is €95.47 and its 200-day moving average price is €95.90. Bayer AG has a 12 month low of €83.87 and a 12 month high of €127.21. The firm has a market cap of €76.74 billion and a P/E ratio of 17.04.

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About Bayer AG

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