Jefferies Group LLC Reiterates “€130.00” Price Target for Bayer AG (BAYN)

Jefferies Group LLC set a €130.00 ($139.78) target price on Bayer AG (FRA:BAYN) in a research note issued to investors on Thursday morning. The firm currently has a buy rating on the stock.

Several other equities analysts have also recently weighed in on the company. Citigroup Inc set a €125.00 ($134.41) price target on Bayer AG and gave the company a buy rating in a research report on Thursday, March 16th. Kepler Capital Markets set a €101.00 ($108.60) price target on Bayer AG and gave the company a neutral rating in a research report on Thursday, March 16th. Sanford C. Bernstein set a €122.00 ($131.18) price target on Bayer AG and gave the company a buy rating in a research report on Monday, March 13th. BNP Paribas set a €103.00 ($110.75) price target on Bayer AG and gave the company a neutral rating in a research report on Friday, March 10th. Finally, Independent Research GmbH set a €111.00 ($119.35) price target on Bayer AG and gave the company a neutral rating in a research report on Thursday, March 2nd. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of €111.33 ($119.71).

Analyst Recommendations for Bayer AG (FRA:BAYN)

Bayer AG (FRA:BAYN) opened at 106.373 on Thursday. Bayer AG has a 52-week low of €83.87 and a 52-week high of €112.11. The company has a market capitalization of €87.96 billion and a P/E ratio of 19.554. The firm has a 50-day moving average price of €105.59 and a 200 day moving average price of €96.92.

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