Bayer AG (FRA:BAYN) received a €118.00 ($131.11) price objective from investment analysts at equinet AG in a report released on Wednesday. The brokerage currently has a a “buy” rating on the stock.

A number of other research firms have also recently commented on BAYN. Commerzbank AG set a €102.00 ($113.33) target price on shares of Bayer AG and gave the stock a “buy” rating in a report on Tuesday, August 30th. Societe Generale set a €105.00 ($116.67) target price on shares of Bayer AG and gave the stock a “neutral” rating in a report on Thursday, July 28th. S&P Global Inc. set a €120.00 ($133.33) target price on shares of Bayer AG and gave the stock a “buy” rating in a report on Wednesday, July 27th. Warburg Research set a €118.00 ($131.11) target price on shares of Bayer AG and gave the stock a “buy” rating in a report on Thursday, September 15th. Finally, Nord/LB set a €112.00 ($124.44) target price on shares of Bayer AG and gave the stock a “buy” rating in a report on Thursday, September 15th. Two 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. Bayer AG presently has a consensus rating of “Hold” and an average target price of €112.17 ($124.63).

Analyst Recommendations for Bayer AG (FRA:BAYN)

Bayer AG (FRA:BAYN) opened at 92.37 on Wednesday. The company’s 50-day moving average is €95.47 and its 200 day moving average is €95.90. Bayer AG has a 1-year low of €83.87 and a 1-year high of €127.21. The company has a market cap of €76.39 billion and a price-to-earnings ratio of 16.96.

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About Bayer AG

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