Deutsche Bank AG set a €124.00 ($137.78) price objective on Bayer AG (FRA:BAYN) in a research report report published on Wednesday. The brokerage currently has a a buy rating on the stock.

Several other research firms have also commented on BAYN. Berenberg Bank set a €113.00 ($125.56) price target on shares of Bayer AG and gave the company a buy rating in a report on Monday, June 6th. Sanford C. Bernstein set a €113.00 ($125.56) price target on shares of Bayer AG and gave the company a buy rating in a report on Monday, May 30th. Commerzbank AG set a €102.00 ($113.33) price target on shares of Bayer AG and gave the company a buy rating in a report on Tuesday, August 30th. Baader Bank set a €81.00 ($90.00) price target on shares of Bayer AG and gave the company a sell rating in a report on Thursday, June 9th. Finally, Goldman Sachs Group Inc. reiterated a buy rating on shares of Bayer AG in a research note on Thursday, July 28th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. Bayer AG currently has a consensus rating of Hold and a consensus target price of €112.17 ($124.63).

Bayer AG (FRA:BAYN) opened at 92.155 on Wednesday. The company has a market capitalization of €76.21 billion and a price-to-earnings ratio of 16.925. The company’s 50-day moving average price is €95.34 and its 200 day moving average price is €95.84. Bayer AG has a 12 month low of €83.87 and a 12 month high of €127.21.

About Bayer AG

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