Published On: Fri, Sep 16th, 2016

Bayer AG (BAYN) Given a €124.00 Price Target at Deutsche Bank AG

Bayer AG (FRA:BAYN) has been given a €124.00 ($137.78) target price by investment analysts at Deutsche Bank AG in a report issued on Thursday. The firm currently has a a “buy” rating on the stock.
Several other equities analysts have also commented on the company. Berenberg Bank set a €113.00 ($125.56) price target on Bayer AG and gave the company a “buy” rating in a research note on Monday, June 6th. Sanford C. Bernstein set a €113.00 ($125.56) price target on Bayer AG and gave the company a “buy” rating in a research note on Monday, May 30th. equinet AG set a €118.00 ($131.11) price target on Bayer AG and gave the company a “buy” rating in a research note on Monday, May 23rd. Baader Bank set a €81.00 ($90.00) target price on Bayer AG and gave the company a “sell” rating in a research note on Thursday, June 9th. Finally, Commerzbank AG set a €102.00 ($113.33) target price on Bayer AG and gave the company a “buy” rating in a research note on Tuesday, August 30th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €112.17 ($124.63).
Bayer AG (FRA:BAYN) traded down 2.58% during midday trading on Thursday, hitting €91.38. 20,632 shares of the stock traded hands. 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 of €95.78 and a 200-day moving average of €96.05. The stock has a market cap of €75.57 billion and a PE ratio of 16.78.

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