Bayer AG (FRA:BAYN) has been given a €123.50 ($138.76) price objective by equities research analysts at Warburg Research in a research note issued on Friday. The brokerage presently has a a “buy” rating on the stock.
Shares of Bayer AG (FRA:BAYN) opened at 85.725 on Friday. Bayer AG has a 52 week low of €83.87 and a 52 week high of €137.73. The stock’s 50 day moving average is €100.02 and its 200-day moving average is €105.62.
Several other analysts have also recently commented on BAYN. Bankhaus Lampe set a €130.00 ($146.07) target price on Bayer AG and gave the company a “buy” rating in a research report on Wednesday, February 3rd. Equinet Institutional Services set a €120.00 ($134.83) target price on Bayer AG and gave the company a “buy” rating in a research report on Monday, February 8th. JPMorgan Chase & Co. set a €125.00 ($140.45) target price on Bayer AG and gave the company a “neutral” rating in a research report on Tuesday, February 9th. Goldman Sachs set a €132.00 ($148.31) target price on Bayer AG and gave the company a “buy” rating in a research report on Wednesday, February 17th. Finally, Barclays set a €115.00 ($129.21) price target on Bayer AG and gave the company a “sell” rating in a research report on Friday, February 19th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Bayer AG has a consensus rating of “Hold” and an average target price of €117.80 ($132.36).
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