Bayer AG (FRA:BAYN) Earns Buy Rating from J P Morgan Chase & Co
Bayer AG (FRA:BAYN)‘s stock had its “buy” rating reiterated by analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Monday.
Several other equities analysts have also issued reports on BAYN. Commerzbank Ag set a €119.00 ($138.37) target price on Bayer AG and gave the company a “buy” rating in a research note on Thursday, March 30th. Citigroup Inc. reiterated a “buy” rating and issued a target price on shares of Bayer AG in a research note on Monday, April 3rd. Warburg Research set a €118.00 ($137.21) target price on Bayer AG and gave the company a “buy” rating in a research note on Tuesday, April 4th. Sanford C. Bernstein set a €122.00 ($141.86) target price on Bayer AG and gave the company a “buy” rating in a research note on Tuesday, April 4th. Finally, Deutsche Bank AG set a €120.00 ($139.53) price target on Bayer AG and gave the stock a “buy” rating in a report on Tuesday, April 11th. Nine analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of €120.91 ($140.59).
Shares of Bayer AG (FRA BAYN) traded up 0.584% during trading on Monday, reaching €111.325. 6,278 shares of the company were exchanged. The firm’s 50 day moving average is €117.05 and its 200 day moving average is €109.91. Bayer AG has a 1-year low of €85.72 and a 1-year high of €123.83. The firm has a market capitalization of €97.01 billion and a P/E ratio of 18.413.
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About Bayer AG
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