Deutsche Bank AG Analysts Give Bayer AG (BAYN) a €124.00 Price Target
Bayer AG (FRA:BAYN) has been given a €124.00 ($137.78) price target by analysts at Deutsche Bank AG in a report released on Wednesday. The firm currently has a a “buy” rating on the stock.
Other equities analysts have also recently issued reports about the company. Bankhaus Lampe set a €103.00 ($114.44) price objective on Bayer AG and gave the company a “buy” rating in a research note on Wednesday, June 29th. equinet AG set a €118.00 ($131.11) price objective on Bayer AG and gave the company a “buy” rating in a research note on Friday, July 15th. Goldman Sachs Group Inc. set a €129.00 ($143.33) price objective on Bayer AG and gave the company a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. restated a “neutral” rating on shares of Bayer AG in a research note on Wednesday. Finally, Commerzbank AG set a €110.00 ($122.22) price objective on Bayer AG and gave the company a “buy” rating in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of €112.17 ($124.63).
Bayer AG (FRA:BAYN) opened at 92.205 on Wednesday. The company has a 50 day moving average of €95.47 and a 200 day moving average of €95.90. The firm has a market capitalization of €76.25 billion and a P/E ratio of 16.934. Bayer AG has a 1-year low of €83.87 and a 1-year high of €127.21.
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