Bayer AG (FRA:BAYN) has been given a €98.00 ($105.38) price target by analysts at Independent Research GmbH in a research note issued on Thursday. The firm currently has a “neutral” rating on the stock.

Several other equities analysts have also recently weighed in on the stock. Warburg Research set a €118.00 ($126.88) target price on shares of Bayer AG and gave the company a “buy” rating in a research note on Wednesday, November 16th. Baader Bank set a €87.00 ($93.55) price objective on shares of Bayer AG and gave the stock a “neutral” rating in a research report on Wednesday, November 16th. Citigroup Inc. reaffirmed a “buy” rating on shares of Bayer AG in a research report on Tuesday, November 15th. Jefferies Group set a €102.00 ($109.68) price objective on shares of Bayer AG and gave the stock a “neutral” rating in a research report on Friday, November 11th. Finally, Berenberg Bank set a €110.00 ($118.28) price objective on shares of Bayer AG and gave the stock a “buy” rating in a research report on Thursday, November 10th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have assigned a buy rating to the stock. Bayer AG currently has a consensus rating of “Hold” and an average price target of €109.27 ($117.50).

Analyst Recommendations for Bayer AG (FRA:BAYN)

Shares of Bayer AG (FRA:BAYN) opened at 91.90 on Thursday. Bayer AG has a 12 month low of €83.87 and a 12 month high of €127.21. The firm has a market cap of €76.00 billion and a PE ratio of 16.21. The company’s 50 day moving average is €90.51 and its 200-day moving average is €92.30.

Bayer AG Company Profile

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