Bayer AG’s Buy Rating Reaffirmed at Jefferies Group (BAYN)

Bayer AG (FRA: BAYN)‘s stock had its “buy” rating reiterated by stock analysts at Jefferies Group in a report issued on Wednesday, AnalystRatingsNetwork reports. They currently have a €98.00 ($127.27) target price on the stock.

Bayer AG (FRA: BAYN) traded down 0.20% on Wednesday, hitting €80.92. Bayer AG has a 52-week low of €48.068 and a 52-week high of €87.03. The stock’s 50-day moving average is currently €0..

Several other analysts have also recently commented on the stock. Analysts at Equinet Institutional Services reiterated an “accumulate” rating on shares of Bayer AG in a research note to investors on Monday. They now have a €75.00 ($97.40) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Bayer AG in a research note to investors on Tuesday, May 28th. They now have a €99.00 ($128.57) price target on the stock. Finally, analysts at Independent Research GmbH reiterated a “hold” rating on shares of Bayer AG in a research note to investors on Friday, May 24th. They now have a €88.00 ($114.29) price target on the stock.

Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have issued a buy rating to the company’s stock. Bayer AG has a consensus rating of “Hold” and a consensus price target of €80.27 ($104.25).

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