DZ Bank AG Reiterates Neutral Rating for Bayer AG (BAYN)
Bayer AG (FRA:BAYN)‘s stock had its “neutral” rating restated by analysts at DZ Bank AG in a report issued on Thursday.
Other analysts also recently issued research reports about the stock. Bankhaus Lampe set a €103.00 ($114.44) price target on shares of Bayer AG and gave the company a “buy” rating in a report on Wednesday, June 29th. equinet AG set a €118.00 ($131.11) price target on shares of Bayer AG and gave the company a “buy” rating in a report on Friday, July 15th. S&P Global Inc. set a €120.00 ($133.33) price target on shares of Bayer AG and gave the company a “buy” rating in a report on Wednesday, July 27th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Bayer AG in a report on Wednesday. Finally, Sanford C. Bernstein set a €113.00 ($125.56) price target on shares of Bayer AG and gave the company a “buy” rating in a report on Wednesday, July 13th. Two research 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. Bayer AG presently has an average rating of “Hold” and a consensus price target of €112.17 ($124.63).
Shares of Bayer AG (FRA:BAYN) traded up 0.969% during trading on Thursday, hitting €92.025. 8,762 shares of the stock were exchanged. The stock has a market cap of €76.10 billion and a PE ratio of 16.901. The firm has a 50 day moving average of €95.34 and a 200-day moving average of €95.84. Bayer AG has a 52-week low of €83.87 and a 52-week high of €127.21.
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