Bayer AG (FRA:BAYN) Given Consensus Recommendation of “Buy” by Brokerages
Bayer AG (FRA:BAYN) has been assigned a consensus recommendation of “Buy” from the twenty-three analysts that are currently covering the firm, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is €120.27 ($141.50).
BAYN has been the topic of a number of recent research reports. Jefferies Group LLC set a €145.00 ($170.59) price objective on Bayer AG and gave the company a “buy” rating in a research report on Monday, May 15th. Baader Bank set a €87.00 ($102.35) price objective on Bayer AG and gave the company a “neutral” rating in a research report on Thursday, April 27th. Sanford C. Bernstein set a €125.00 ($147.06) price objective on Bayer AG and gave the company a “buy” rating in a research report on Thursday, April 27th. Goldman Sachs Group, Inc. (The) set a €125.00 ($147.06) price objective on Bayer AG and gave the company a “buy” rating in a research report on Friday, April 28th. Finally, J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Bayer AG in a research report on Wednesday, April 19th.
Shares of Bayer AG (BAYN) traded up 1.55% during trading on Friday, reaching €105.81. The company’s stock had a trading volume of 5,087 shares. Bayer AG has a one year low of €85.72 and a one year high of €123.82. The company has a 50-day moving average price of €111.33 and a 200-day moving average price of €110.61. The stock has a market cap of €92.28 billion and a price-to-earnings ratio of 18.30.
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Bayer AG Company Profile
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