Bayer AG (BAYN) PT Set at €121.00 by Warburg Research

Bayer AG (FRA:BAYN) has been given a €121.00 ($144.05) target price by equities research analysts at Warburg Research in a research note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the healthcare company’s stock.

A number of other brokerages also recently issued reports on BAYN. Independent Research GmbH set a €120.00 ($142.86) price target on Bayer AG and gave the company a “neutral” rating in a report on Thursday, July 27th. Deutsche Bank AG set a €124.00 ($147.62) price target on Bayer AG and gave the company a “buy” rating in a report on Monday, August 28th. UBS AG set a €125.00 ($148.81) price target on Bayer AG and gave the company a “buy” rating in a report on Tuesday, June 27th. Kepler Capital Markets set a €102.00 ($121.43) price target on Bayer AG and gave the company a “neutral” rating in a report on Monday, August 28th. Finally, Nord/LB set a €106.00 ($126.19) price target on Bayer AG and gave the company a “neutral” rating in a report on Friday, July 28th. Eight analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Bayer AG has an average rating of “Buy” and an average target price of €120.23 ($143.13).

Bayer AG (BAYN) opened at 110.075 on Wednesday. The company has a 50 day moving average of €108.12 and a 200 day moving average of €111.37. Bayer AG has a 12 month low of €85.72 and a 12 month high of €123.83. The stock has a market capitalization of €96.00 billion and a price-to-earnings ratio of 19.041.

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