Bayer AG (FRA:BAYN) Given a €124.00 Price Target at Deutsche Bank AG

Bayer AG (FRA:BAYN) has been given a €124.00 ($145.88) target price by stock analysts at Deutsche Bank AG in a research report issued to clients and investors on Monday, July 24th. The brokerage currently has a “buy” rating on the healthcare company’s stock.

Several other analysts have also recently commented on the stock. Jefferies Group LLC set a €145.00 ($170.59) price objective on shares of Bayer AG and gave the company a “buy” rating in a research note on Monday, May 15th. Sanford C. Bernstein set a €125.00 ($147.06) price objective on shares of Bayer AG and gave the company a “buy” rating in a research note on Thursday, April 27th. Baader Bank set a €87.00 ($102.35) price objective on shares of Bayer AG and gave the company a “neutral” rating in a research note on Thursday, April 27th. Goldman Sachs Group, Inc. (The) set a €125.00 ($147.06) price objective on shares of Bayer AG and gave the company a “buy” rating in a research note on Friday, April 28th. Finally, J P Morgan Chase & Co restated a “buy” rating on shares of Bayer AG in a research report on Wednesday, April 19th. Nine investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of €120.27 ($141.50).

Bayer AG (FRA:BAYN) opened at 105.81 on Monday. The firm has a market cap of €92.28 billion and a P/E ratio of 18.30. Bayer AG has a 52-week low of €85.72 and a 52-week high of €123.82. The company’s 50 day moving average is €111.33 and its 200 day moving average is €110.61.

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