Bayer AG (FRA:BAYN) has been assigned a €105.00 ($116.67) price target by analysts at Societe Generale in a research report issued on Wednesday. The brokerage currently has a a “neutral” rating on the stock.

Several other equities research analysts also recently issued reports on BAYN. Warburg Research set a €123.50 ($137.22) price objective on shares of Bayer AG and gave the stock a “buy” rating in a research report on Wednesday, July 27th. BNP Paribas set a €105.00 ($116.67) price objective on shares of Bayer AG and gave the stock a “neutral” rating in a research report on Friday, July 15th. S&P Global Inc. set a €120.00 ($133.33) price objective on shares of Bayer AG and gave the stock a “buy” rating in a research report on Tuesday. Goldman Sachs Group Inc. set a €129.00 ($143.33) target price on shares of Bayer AG and gave the stock a “buy” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Bayer AG in a report on Wednesday. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of €112.17 ($124.63).

Analyst Recommendations for Bayer AG (FRA:BAYN)

Bayer AG (FRA:BAYN) traded down 0.50% on Wednesday, hitting €91.66. 8,466 shares of the stock traded hands. The stock has a market cap of €75.80 billion and a price-to-earnings ratio of 16.83. The firm’s 50 day moving average is €95.47 and its 200 day moving average is €95.90. Bayer AG has a 52 week low of €83.87 and a 52 week high of €127.21.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/21/societe-generale-reiterates-105-00-price-target-for-bayer-ag-bayn.html

About Bayer AG

.

Receive News & Ratings for Bayer AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bayer AG and related companies with MarketBeat.com's FREE daily email newsletter.