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

Deutsche Bank AG set a €124.00 ($145.88) price target on Bayer AG (FRA:BAYN) in a report released on Friday morning. The brokerage currently has a buy rating on the healthcare company’s stock.

Other equities analysts have also recently issued research reports about the company. J P Morgan Chase & Co set a €125.00 ($147.06) price objective on Bayer AG and gave the company a buy rating in a report on Monday, July 3rd. UBS AG set a €125.00 ($147.06) price objective on Bayer AG and gave the company a buy rating in a report on Monday, July 3rd. BNP Paribas set a €103.00 ($121.18) price objective on Bayer AG and gave the company a neutral rating in a report on Monday, July 3rd. Baader Bank set a €120.00 ($141.18) price objective on Bayer AG and gave the company a neutral rating in a report on Monday, July 3rd. Finally, Citigroup Inc. reiterated a buy rating on shares of Bayer AG in a report on Wednesday, July 5th. Eight investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of €122.24 ($143.81).

Shares of Bayer AG (FRA:BAYN) opened at 111.79 on Friday. The stock has a market capitalization of €97.49 billion and a price-to-earnings ratio of 19.34. The firm’s 50-day moving average is €114.25 and its 200-day moving average is €113.02. Bayer AG has a 1-year low of €85.72 and a 1-year high of €123.82.

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