Societe Generale Reiterates “€105.00” Price Target for Bayer AG (BAYN)
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).
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.
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