DZ Bank AG Reiterates “Neutral” Rating for Bayer AG (BAYN)

DZ Bank AG reissued their neutral rating on shares of Bayer AG (FRA:BAYN) in a research note published on Saturday, May 20th.

A number of other analysts have also commented on BAYN. Jefferies Group LLC set a €125.00 ($138.89) price target on shares of Bayer AG and gave the company a buy rating in a research note on Friday, January 20th. Goldman Sachs Group, Inc. (The) set a €120.00 ($133.33) target price on shares of Bayer AG and gave the stock a buy rating in a research note on Tuesday, January 24th. Sanford C. Bernstein set a €120.00 ($133.33) target price on shares of Bayer AG and gave the stock a buy rating in a research note on Thursday, January 26th. Berenberg Bank set a €118.00 ($131.11) target price on shares of Bayer AG and gave the stock a buy rating in a research note on Friday, January 27th. Finally, Deutsche Bank AG set a €120.00 ($133.33) price target on shares of Bayer AG and gave the stock a buy rating in a report on Tuesday, January 31st. Eight investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of €119.19 ($132.43).

Shares of Bayer AG (FRA BAYN) traded up 0.51% on Friday, reaching €123.31. 4,818 shares of the company traded hands. Bayer AG has a 52-week low of €85.00 and a 52-week high of €123.82. The stock has a 50 day moving average of €117.43 and a 200 day moving average of €106.82. The stock has a market cap of €107.45 billion and a price-to-earnings ratio of 20.40.

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