Shares of Bayer AG (FRA:BAYN) have received a consensus recommendation of “Buy” from the twenty-three brokerages that are currently covering the company, Marketbeat reports. Nine analysts have rated the stock with a hold rating and fourteen have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is €120.27 ($141.50).

Several equities analysts recently weighed in on BAYN shares. Sanford C. Bernstein set a €125.00 ($147.06) price target on shares of Bayer AG and gave the company a “buy” rating in a research report on Thursday, April 27th. Commerzbank Ag set a €119.00 ($140.00) price target on shares of Bayer AG and gave the company a “buy” rating in a research report on Thursday, April 27th. equinet AG set a €118.00 ($138.82) price target on shares of Bayer AG and gave the company a “buy” rating in a research report on Thursday, April 27th. J P Morgan Chase & Co restated a “buy” rating on shares of Bayer AG in a research report on Wednesday, April 19th. Finally, Berenberg Bank set a €118.00 ($138.82) price target on shares of Bayer AG and gave the company a “buy” rating in a research report on Tuesday, April 18th.

Shares of Bayer AG (FRA:BAYN) traded up 1.55% during midday trading on Friday, hitting €105.81. 5,087 shares of the stock traded hands. The firm has a 50-day moving average price of €111.33 and a 200-day moving average price of €110.61. Bayer AG has a 52 week low of €85.72 and a 52 week high of €123.82. The stock has a market capitalization of €92.28 billion and a P/E ratio of 18.30.

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Bayer AG Company Profile

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Analyst Recommendations for Bayer AG (FRA:BAYN)

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