Bayer AG (FRA:BAYN) PT Set at €150.00 by Jefferies Group LLC
Bayer AG (FRA:BAYN) received a €150.00 ($170.45) price objective from stock analysts at Jefferies Group LLC in a report issued on Monday. The firm currently has a “buy” rating on the healthcare company’s stock.
Several other equities research analysts have also commented on the stock. Deutsche Bank AG set a €124.00 ($140.91) price objective on shares of Bayer AG and gave the stock a “buy” rating in a research report on Monday. Sanford C. Bernstein set a €128.00 ($145.45) price objective on shares of Bayer AG and gave the stock a “buy” rating in a research report on Friday. Citigroup Inc. reiterated a “buy” rating on shares of Bayer AG in a research report on Wednesday, July 5th. Societe Generale set a €117.00 ($132.95) target price on shares of Bayer AG and gave the company a “neutral” rating in a report on Tuesday, July 4th. Finally, Baader Bank set a €120.00 ($136.36) target price on shares of Bayer AG and gave the company a “neutral” rating in a report on Monday, July 3rd. Nine investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Bayer AG has an average rating of “Buy” and an average target price of €120.81 ($137.28).
Bayer AG (BAYN) traded up 0.481% during trading on Monday, hitting €110.675. 4,444 shares of the stock traded hands. The company’s 50 day moving average price is €118.97 and its 200-day moving average price is €108.45. The stock has a market cap of €96.44 billion and a P/E ratio of 18.305. Bayer AG has a 52-week low of €85.72 and a 52-week high of €123.83.
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