Commerzbank set a €124.00 ($147.62) price target on Bayer (FRA:BAYN) in a research note issued to investors on Tuesday, January 9th. The firm currently has a buy rating on the healthcare company’s stock.
Several other equities analysts also recently weighed in on the company. Warburg Research set a €121.00 ($144.05) price target on Bayer and gave the company a buy rating in a report on Wednesday, September 13th. JPMorgan Chase & Co. restated a buy rating on shares of Bayer in a report on Friday, October 20th. Jefferies Group set a €132.00 ($157.14) price target on Bayer and gave the company a buy rating in a report on Monday, September 18th. equinet set a €118.00 ($140.48) price target on Bayer and gave the company a buy rating in a report on Friday, September 15th. Finally, BNP Paribas set a €130.00 ($154.76) price objective on Bayer and gave the company a buy rating in a research report on Monday, September 25th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of €121.67 ($144.84).
Bayer (FRA:BAYN) opened at €103.72 ($123.48) on Tuesday. The stock has a market capitalization of $85,850.00 and a price-to-earnings ratio of 27.81. Bayer has a twelve month low of €99.69 ($118.68) and a twelve month high of €123.82 ($147.40).
Bayer Aktiengesellschaft operates as a life science company worldwide. The company operates through Pharmaceuticals, Consumer Health, Crop Science, Animal Health, and Covestro segments. The Pharmaceuticals segment offers prescription products primarily for cardiology and womens health care; specialty therapeutics in the areas of oncology, hematology, and ophthalmology; and diagnostic imaging equipment and contrast agents.
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