Baader Bank set a €140.00 ($166.67) price objective on Bayer AG (FRA:BAYN) in a research report sent to investors on Wednesday morning. The brokerage currently has a buy rating on the healthcare company’s stock.
BAYN has been the subject of several other reports. Sanford C. Bernstein set a €128.00 ($152.38) target price on shares of Bayer AG and gave the stock a buy rating in a research report on Friday, July 7th. J P Morgan Chase & Co reissued a buy rating on shares of Bayer AG in a research report on Tuesday, August 29th. HSBC Holdings plc set a €105.00 ($125.00) target price on shares of Bayer AG and gave the stock a neutral rating in a research report on Tuesday, August 29th. Citigroup Inc. set a €128.00 ($152.38) target price on shares of Bayer AG and gave the stock a buy rating in a research report on Monday, July 24th. Finally, Nord/LB set a €106.00 ($126.19) target price on shares of Bayer AG and gave the stock a neutral rating in a research report on Friday, July 28th. Eight research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Bayer AG presently has a consensus rating of Buy and a consensus price target of €120.23 ($143.13).
Shares of Bayer AG (FRA:BAYN) traded up 0.272% during trading on Wednesday, hitting €109.925. 3,081 shares of the stock were exchanged. Bayer AG has a 12-month low of €85.72 and a 12-month high of €123.83. The stock’s 50 day moving average is €108.12 and its 200-day moving average is €111.37. The stock has a market cap of €95.87 billion and a price-to-earnings ratio of 19.015.
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About Bayer AG
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