Bayer AG (BAYN) Receives Average Recommendation of “Buy” from Brokerages
Shares of Bayer AG (FRA:BAYN) have been assigned an average recommendation of “Buy” from the twenty-three analysts that are presently covering the stock, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and sixteen have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is €121.29 ($144.39).
A number of research firms recently commented on BAYN. UBS AG set a €125.00 ($148.81) price target on Bayer AG and gave the stock a “buy” rating in a report on Wednesday, June 7th. J P Morgan Chase & Co set a €125.00 ($148.81) price target on Bayer AG and gave the stock a “buy” rating in a research note on Monday, July 3rd. Baader Bank set a €120.00 ($142.86) price objective on shares of Bayer AG and gave the company a “neutral” rating in a report on Monday, July 3rd. BNP Paribas set a €103.00 ($122.62) price objective on shares of Bayer AG and gave the company a “neutral” rating in a report on Monday, July 3rd. Finally, Deutsche Bank AG set a €124.00 ($147.62) price objective on shares of Bayer AG and gave the company a “buy” rating in a research report on Monday, July 24th.
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Bayer AG (FRA:BAYN) traded up 2.077% during mid-day trading on Friday, hitting €115.398. 4,727 shares of the stock were exchanged. Bayer AG has a 52 week low of €85.72 and a 52 week high of €123.83. The company has a 50-day moving average of €108.12 and a 200-day moving average of €111.37. The stock has a market capitalization of €100.64 billion and a PE ratio of 19.962.
Bayer AG Company Profile
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