Bayer AG (BAYN) PT Set at €120.00 by Baader Bank

Bayer AG (FRA:BAYN) has been given a €120.00 ($142.86) price target by investment analysts at Baader Bank in a report issued on Wednesday. The brokerage presently has a “neutral” rating on the healthcare company’s stock.

A number of other equities research analysts have also weighed in on the company. BNP Paribas set a €103.00 ($122.62) price objective on Bayer AG and gave the stock a “neutral” rating in a research report on Wednesday, September 6th. Sanford C. Bernstein set a €126.00 ($150.00) price objective on Bayer AG and gave the stock a “buy” rating in a research report on Tuesday, September 5th. Berenberg Bank set a €121.00 ($144.05) price objective on Bayer AG and gave the stock a “neutral” rating in a research report on Tuesday, August 29th. J P Morgan Chase & Co reiterated a “buy” rating on shares of Bayer AG in a research report on Tuesday, August 29th. Finally, HSBC Holdings plc set a €105.00 ($125.00) price objective on Bayer AG and gave the stock a “neutral” rating in a research report on Tuesday, August 29th. Nine investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of €119.55 ($142.32).

Bayer AG (FRA:BAYN) opened at 111.40 on Wednesday. The firm’s 50 day moving average price is €108.01 and its 200-day moving average price is €111.21. The company has a market capitalization of €97.15 billion and a PE ratio of 19.27. Bayer AG has a 12-month low of €85.72 and a 12-month high of €123.82.

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