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

Bayer AG (FRA:BAYN) has been assigned a €124.00 ($145.88) target price by stock analysts at Deutsche Bank AG in a note issued to investors on Monday, October 16th. The firm currently has a “buy” rating on the healthcare company’s stock.

Other research analysts have also recently issued reports about the company. J P Morgan Chase & Co set a €125.00 ($147.06) price target on Bayer AG and gave the company a “buy” rating in a research note on Monday, July 3rd. UBS AG set a €125.00 ($147.06) price target on Bayer AG and gave the company a “buy” rating in a research note on Monday, July 3rd. BNP Paribas set a €103.00 ($121.18) price target on Bayer AG and gave the company a “neutral” rating in a research note 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, Independent Research GmbH 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. Eight analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of €122.24 ($143.81).

Bayer AG (FRA:BAYN) opened at 111.955 on Monday. Bayer AG has a 52 week low of €85.72 and a 52 week high of €123.83. The company has a market cap of €97.64 billion and a PE ratio of 19.366. The company’s 50-day moving average price is €114.03 and its 200 day moving average price is €112.89.

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