Bayer AG Receives Buy Rating from Deutsche Bank (BAYN)

Bayer AG (FRA: BAYN)‘s stock had its “buy” rating reaffirmed by Deutsche Bank in a research note issued on Tuesday, Analyst Ratings Network reports. They currently have a €99.00 ($128.57) price objective on the stock.

Shares of Bayer AG (FRA: BAYN) traded up 2.11% during mid-day trading on Tuesday, hitting €86.455. Bayer AG has a 52 week low of €47.68 and a 52 week high of €85.64. The stock’s 50-day moving average is currently €0..

BAYN has been the subject of a number of other recent research reports. Analysts at Independent Research GmbH reiterated a “hold” rating on shares of Bayer AG in a research note to investors on Friday. They now have a €88.00 ($114.29) price target on the stock. Separately, analysts at Morgan Stanley initiated coverage on shares of Bayer AG in a research note to investors on Thursday, May 23rd. They set an “equal weight” rating and a €93.00 ($120.78) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Bayer AG in a research note to investors on Thursday, May 23rd. They now have a €76.00 ($98.70) price target on the stock.

Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €79.64 ($103.43).

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