Berenberg Bank Analysts Give Bayer (BAYN) a €124.00 Price Target

Berenberg Bank set a €124.00 ($147.62) price objective on Bayer (FRA:BAYN) in a research note issued to investors on Tuesday. The brokerage currently has a neutral rating on the healthcare company’s stock.

A number of other research firms also recently issued reports on BAYN. Citigroup set a €130.00 ($154.76) target price on Bayer and gave the company a buy rating in a research report on Thursday, October 5th. UBS set a €125.00 ($148.81) target price on Bayer and gave the company a buy rating in a research report on Monday, November 6th. Deutsche Bank set a €124.00 ($147.62) target price on Bayer and gave the company a buy rating in a research report on Monday, August 28th. Kepler Capital Markets set a €102.00 ($121.43) target price on Bayer and gave the company a neutral rating in a research report on Monday, August 28th. Finally, Sanford C. Bernstein set a €126.00 ($150.00) target price on Bayer and gave the company a buy rating in a research report on Friday, October 6th. 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 company. Bayer has a consensus rating of Buy and an average price target of €122.19 ($145.46).

Shares of Bayer (FRA BAYN) opened at €105.13 ($125.15) on Tuesday. Bayer has a 12-month low of €90.26 ($107.45) and a 12-month high of €123.82 ($147.40).

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About Bayer

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 women’s health care; specialty therapeutics in the areas of oncology, hematology, and ophthalmology; and diagnostic imaging equipment and contrast agents.

Analyst Recommendations for Bayer (FRA:BAYN)

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