Dow Chemical - An Ideal Stock In A Depressed Environment

Bayer AG (FRA:BAYN) has been assigned a €106.00 ($116.48) price target by Societe Generale in a report issued on Friday, MarketBeat reports. The firm presently has a“neutral” rating on the stock.

A number of other analysts also recently issued reports on the company. Independent Research GmbH set a €128.00 ($140.66) price objective on Bayer AG and gave the stock a “buy” rating in a research note on Thursday. Bankhaus Lampe set a €130.00 ($142.86) price objective on Bayer AG and gave the stock a “buy” rating in a research note on Thursday. Berenberg Bank set a €142.00 ($156.04) price objective on Bayer AG and gave the stock a “buy” rating in a research note on Thursday. Commerzbank AG set a €109.00 ($119.78) target price on Bayer AG and gave the company a “neutral” rating in a research report on Thursday. Finally, Equinet Institutional Services set a €120.00 ($131.87) target price on Bayer AG and gave the company a “buy” rating in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company’s stock. Bayer AG presently has an average rating of “Hold” and a consensus price target of €130.82 ($143.76).

Bayer AG (FRA:BAYN) traded up 2.517% during trading on Friday, reaching €97.955. The company’s stock had a trading volume of 5,486 shares. Bayer AG has a 12-month low of €91.25 and a 12-month high of €146.26. The firm’s 50-day moving average price is €99.86 and its 200 day moving average price is €113.57.