Bayer AG (FRA:BAYN) has received a consensus recommendation of “Buy” from the twenty-three analysts that are covering the firm, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is €119.29 ($142.01).

A number of research firms have recently weighed in on BAYN. Bank of America Corporation set a €140.00 ($166.67) price objective on shares of Bayer AG and gave the company a “buy” rating in a research report on Monday, June 12th. Sanford C. Bernstein set a €128.00 ($152.38) price objective on shares of Bayer AG and gave the company a “buy” rating in a research report on Monday, June 12th. Baader Bank set a €120.00 ($142.86) price objective on shares of Bayer AG and gave the company a “neutral” rating in a research report on Friday, June 9th. Commerzbank Ag set a €126.00 ($150.00) price objective on shares of Bayer AG and gave the company a “buy” rating in a research report on Wednesday, June 7th. Finally, Independent Research GmbH set a €123.00 ($146.43) price objective on shares of Bayer AG and gave the company a “neutral” rating in a research report on Wednesday, June 7th.

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Bayer AG (BAYN) traded up 1.401% during mid-day trading on Wednesday, reaching €110.271. 1,750 shares of the company’s stock were exchanged. The firm’s 50-day moving average is €107.90 and its 200 day moving average is €111.12. The stock has a market capitalization of €96.17 billion and a PE ratio of 19.075. Bayer AG has a 1-year low of €85.72 and a 1-year high of €123.83.

About Bayer AG

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Analyst Recommendations for Bayer AG (FRA:BAYN)

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