Bayer AG (FRA:BAYN) Given a €117.00 Price Target at Societe Generale
Societe Generale set a €117.00 ($137.65) price target on Bayer AG (FRA:BAYN) in a report published on Tuesday, July 4th. The brokerage currently has a neutral rating on the healthcare company’s stock.
Other research analysts also recently issued research reports about the stock. Deutsche Bank AG set a €120.00 ($141.18) price target on shares of Bayer AG and gave the stock a buy rating in a research report on Tuesday, April 11th. Sanford C. Bernstein set a €122.00 ($143.53) price objective on Bayer AG and gave the stock a buy rating in a report on Tuesday, April 4th. Warburg Research set a €118.00 ($138.82) price objective on Bayer AG and gave the stock a buy rating in a report on Tuesday, April 4th. J P Morgan Chase & Co reissued a buy rating on shares of Bayer AG in a report on Tuesday, April 4th. Finally, Citigroup Inc. reissued a buy rating and set a price objective on shares of Bayer AG in a report on Monday, April 3rd. Nine analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of €120.27 ($141.50).
Shares of Bayer AG (FRA:BAYN) traded up 1.122% during trading on Tuesday, reaching €107.467. 3,556 shares of the company’s stock traded hands. The company has a market capitalization of €93.72 billion and a price-to-earnings ratio of 18.590. Bayer AG has a 1-year low of €85.72 and a 1-year high of €123.83. The stock has a 50-day moving average of €114.90 and a 200-day moving average of €110.41.
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