Independent Research GmbH set a €107.00 ($113.83) target price on Bayer AG (FRA:BAYN) in a research report released on Friday morning. The brokerage currently has a neutral rating on the stock.

A number of other equities analysts have also recently weighed in on BAYN. Nord/LB set a €112.00 ($119.15) price objective on shares of Bayer AG and gave the stock a buy rating in a research report on Wednesday, December 14th. Jefferies Group LLC set a €125.00 ($132.98) price objective on shares of Bayer AG and gave the stock a buy rating in a research report on Friday, January 20th. Deutsche Bank AG set a €124.00 ($131.91) price objective on shares of Bayer AG and gave the stock a buy rating in a research report on Thursday, October 27th. Sanford C. Bernstein set a €120.00 ($127.66) price objective on shares of Bayer AG and gave the stock a buy rating in a research report on Wednesday, January 11th. Finally, Goldman Sachs Group, Inc. (The) set a €129.00 ($137.23) price objective on shares of Bayer AG and gave the stock a buy rating in a research report on Thursday, October 27th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of €110.39 ($117.44).

Shares of Bayer AG (FRA:BAYN) traded down 0.059% during midday trading on Friday, hitting €105.887. 3,509 shares of the stock were exchanged. The company has a market cap of €87.56 billion and a PE ratio of 18.672. The stock has a 50 day moving average price of €102.65 and a 200-day moving average price of €95.39. Bayer AG has a 12 month low of €83.87 and a 12 month high of €112.11.

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