Bayer AG (BAYN) Given a €121.00 Price Target at Berenberg Bank

Berenberg Bank set a €121.00 ($142.35) price target on Bayer AG (FRA:BAYN) in a research report released on Thursday. The brokerage currently has a neutral rating on the healthcare company’s stock.

Other equities analysts also recently issued reports about the stock. Sanford C. Bernstein set a €128.00 ($150.59) target price on shares of Bayer AG and gave the company a buy rating in a report on Friday, June 30th. Citigroup Inc. set a €130.00 ($152.94) target price on shares of Bayer AG and gave the company a buy rating in a report on Thursday, June 29th. Deutsche Bank AG set a €124.00 ($145.88) target price on shares of Bayer AG and gave the company a buy rating in a report on Monday, July 3rd. Goldman Sachs Group, Inc. (The) set a €125.00 ($147.06) target price on shares of Bayer AG and gave the company a buy rating in a report on Friday, June 30th. Finally, UBS AG set a €125.00 ($147.06) target price on shares of Bayer AG and gave the company a buy rating in a report on Monday, July 3rd. Eight investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Bayer AG presently has a consensus rating of Buy and an average price target of €122.24 ($143.81).

Shares of Bayer AG (BAYN) opened at 111.475 on Thursday. Bayer AG has a 52 week low of €85.72 and a 52 week high of €123.83. The company’s 50-day moving average is €114.03 and its 200 day moving average is €112.89. The stock has a market cap of €97.22 billion and a PE ratio of 19.283.

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