J P Morgan Chase & Co Reiterates “€125.00” Price Target for Bayer AG (FRA:BAYN)

J P Morgan Chase & Co set a €125.00 ($147.06) target price on Bayer AG (FRA:BAYN) in a research report released on Monday morning. The firm currently has a buy rating on the healthcare company’s stock.

BAYN has been the topic of a number of other reports. Jefferies Group LLC set a €145.00 ($170.59) price objective on Bayer AG and gave the company a buy rating in a research report on Monday, May 8th. UBS AG set a €125.00 ($147.06) price objective on Bayer AG and gave the company a buy rating in a research report on Monday, May 29th. Kepler Capital Markets set a €105.00 ($123.53) price objective on Bayer AG and gave the company a neutral rating in a research report on Monday, July 3rd. Societe Generale set a €117.00 ($137.65) price objective on Bayer AG and gave the company a neutral rating in a research report on Tuesday, July 4th. Finally, equinet AG set a €118.00 ($138.82) price objective on Bayer AG and gave the company a buy rating in a research report on Thursday, July 27th. Nine equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of €120.27 ($141.50).

Bayer AG (FRA BAYN) opened at 106.025 on Monday. The firm has a 50-day moving average price of €112.52 and a 200-day moving average price of €110.62. The company has a market cap of €92.47 billion and a P/E ratio of 18.340. Bayer AG has a 52 week low of €85.72 and a 52 week high of €123.83.

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