Published On: Thu, Sep 15th, 2016

Bayer AG (BAYN) Given a €118.00 Price Target at equinet AG

Bayer AG (FRA:BAYN) has been given a €118.00 ($131.11) target price by research analysts at equinet AG in a research note issued to investors on Thursday. The firm presently has a a “buy” rating on the stock.
A number of other brokerages have also commented on BAYN. Commerzbank AG set a €102.00 ($113.33) price objective on Bayer AG and gave the company a “buy” rating in a report on Tuesday, August 30th. Societe Generale set a €105.00 ($116.67) price objective on Bayer AG and gave the company a “neutral” rating in a report on Thursday, July 28th. S&P Global Inc. set a €120.00 ($133.33) price objective on Bayer AG and gave the company a “buy” rating in a report on Wednesday, July 27th. Warburg Research set a €118.00 ($131.11) target price on Bayer AG and gave the stock a “buy” rating in a report on Thursday. Finally, Berenberg Bank set a €125.00 ($138.89) target price on Bayer AG and gave the stock a “buy” rating in a report on Friday, May 20th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of €112.17 ($124.63).
Shares of Bayer AG (FRA:BAYN) opened at 92.00 on Thursday. The firm has a market capitalization of €76.08 billion and a price-to-earnings ratio of 16.90. Bayer AG has a 12 month low of €83.87 and a 12 month high of €127.21. The company has a 50-day moving average price of €95.83 and a 200-day moving average price of €96.09.

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