Bayer AG’s (BAYN) “Buy” Rating Reiterated at J P Morgan Chase & Co

J P Morgan Chase & Co reaffirmed their buy rating on shares of Bayer AG (FRA:BAYN) in a research note released on Wednesday.

Other equities research analysts also recently issued research reports about the company. Sanford C. Bernstein set a €128.00 ($152.38) price objective on Bayer AG and gave the company a buy rating in a research report on Tuesday, June 6th. UBS AG set a €125.00 ($148.81) price objective on Bayer AG and gave the company a buy rating in a research report on Monday, May 29th. Jefferies Group LLC set a €145.00 ($172.62) price target on Bayer AG and gave the stock a buy rating in a report on Monday, May 29th. Bank of America Corporation set a €140.00 ($166.67) price target on Bayer AG and gave the stock a buy rating in a report on Monday, June 12th. Finally, Commerzbank Ag set a €126.00 ($150.00) price target on Bayer AG and gave the stock a buy rating in a report on Wednesday, June 7th. Nine research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of €119.55 ($142.32).

Bayer AG (FRA BAYN) opened at 110.396 on Wednesday. The company has a market cap of €96.28 billion and a PE ratio of 19.096. Bayer AG has a 52 week low of €85.72 and a 52 week high of €123.83. The company has a 50-day moving average of €107.97 and a 200-day moving average of €111.21.

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Bayer AG Company Profile

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