Bayer AG (FRA:BAYN) has been given a €118.00 ($138.82) target price by research analysts at equinet AG in a research note issued on Friday. The firm currently has a “buy” rating on the healthcare company’s stock.

A number of other equities research analysts have also weighed in on BAYN. UBS AG set a €125.00 ($147.06) price objective on Bayer AG and gave the company a “buy” rating in a research note on Tuesday, June 27th. Deutsche Bank AG set a €124.00 ($145.88) price objective on Bayer AG and gave the company a “buy” rating in a research note on Monday, June 26th. Citigroup Inc. set a €130.00 ($152.94) price objective on Bayer AG and gave the company a “buy” rating in a research note on Thursday, June 22nd. Jefferies Group LLC set a €150.00 ($176.47) price objective on Bayer AG and gave the company a “buy” rating in a research note on Friday, June 16th. Finally, Sanford C. Bernstein set a €128.00 ($150.59) price objective on Bayer AG and gave the company a “buy” rating in a research note on Friday, June 30th. Eight research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of €121.68 ($143.16).

Bayer AG (FRA BAYN) opened at 117.975 on Friday. The stock’s 50 day moving average price is €111.39 and its 200-day moving average price is €112.22. Bayer AG has a 12 month low of €85.72 and a 12 month high of €123.83. The firm has a market capitalization of €102.89 billion and a P/E ratio of 20.407.

COPYRIGHT VIOLATION NOTICE: “Bayer AG (BAYN) PT Set at €118.00 by equinet AG” was reported by American Banking News and is the property of of American Banking News. If you are reading this story on another site, it was illegally copied and reposted in violation of US and international copyright & trademark laws. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/10/13/bayer-ag-bayn-pt-set-at-118-00-by-equinet-ag-2.html.

About Bayer AG

.

Analyst Recommendations for Bayer AG (FRA:BAYN)

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.