Deutsche Bank AG Reiterates “€124.00” Price Target for Bayer AG (BAYN)
Bayer AG (FRA:BAYN) has been assigned a €124.00 ($137.78) target price by equities research analysts at Deutsche Bank AG in a research note issued to investors on Monday. The brokerage currently has a a “buy” rating on the stock.
BAYN has been the topic of a number of other reports. Citigroup Inc. set a €120.00 ($133.33) price objective on Bayer AG and gave the company a “buy” rating in a research note on Thursday, August 25th. Jefferies Group set a €104.00 ($115.56) price objective on Bayer AG and gave the company a “neutral” rating in a research note on Tuesday, September 13th. 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 Thursday, September 15th. Nord/LB set a €112.00 ($124.44) price objective on Bayer AG and gave the company a “buy” rating in a research note on Wednesday, September 21st. Finally, Bankhaus Lampe set a €103.00 ($114.44) price target on Bayer AG and gave the company a “buy” rating in a research report on Wednesday, September 28th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the stock. Bayer AG presently has an average rating of “Hold” and an average price target of €112.29 ($124.77).
Shares of Bayer AG (FRA:BAYN) opened at 90.075 on Monday. Bayer AG has a 52-week low of €83.87 and a 52-week high of €127.21. The company’s 50-day moving average is €92.31 and its 200 day moving average is €94.69. The firm has a market capitalization of €74.49 billion and a P/E ratio of 16.543.
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 https://www.americanbankingnews.com/2016/10/17/deutsche-bank-ag-reiterates-124-00-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.