Bayer AG (BAYN) PT Set at €105.00 by Societe Generale
Bayer AG (FRA:BAYN) has been given a €105.00 ($116.67) target price by equities researchers at Societe Generale in a report released on Wednesday. The brokerage currently has a a “neutral” rating on the stock.
Other analysts have also issued research reports about the company. Bankhaus Lampe set a €103.00 ($114.44) target price on Bayer AG and gave the stock a “buy” rating in a research note on Wednesday, June 29th. equinet AG set a €118.00 ($131.11) target price on Bayer AG and gave the stock a “buy” rating in a research note on Friday, July 15th. Goldman Sachs Group Inc. set a €129.00 ($143.33) target price on Bayer AG and gave the stock a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Bayer AG in a research note on Wednesday. Finally, Deutsche Bank AG set a €124.00 ($137.78) target price on Bayer AG and gave the stock a “buy” rating in a research note on Wednesday. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of €112.17 ($124.63).
Bayer AG (FRA:BAYN) traded down 0.50% during mid-day trading on Wednesday, hitting €91.66. 8,466 shares of the stock traded hands. The firm has a market capitalization of €75.80 billion and a P/E ratio of 16.83. The company has a 50-day moving average of €95.47 and a 200 day moving average of €95.90. Bayer AG has a 1-year low of €83.87 and a 1-year high of €127.21.
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