Bayer Aktiengesellschaft (OTCMKTS:BAYRY) Hits New 52-Week Low at $12.00

Bayer Aktiengesellschaft (OTCMKTS:BAYRYGet Rating) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $12.00 and last traded at $12.09, with a volume of 884288 shares. The stock had previously closed at $12.73.

Wall Street Analysts Forecast Growth

BAYRY has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their target price on shares of Bayer Aktiengesellschaft from €75.00 ($76.53) to €80.00 ($81.63) and gave the stock an “overweight” rating in a research note on Wednesday, August 31st. Deutsche Bank Aktiengesellschaft upped their target price on shares of Bayer Aktiengesellschaft from €75.00 ($76.53) to €79.00 ($80.61) and gave the stock a “buy” rating in a research note on Tuesday, August 16th. Exane BNP Paribas upgraded shares of Bayer Aktiengesellschaft from a “neutral” rating to an “outperform” rating in a research note on Tuesday, August 30th. Finally, Morgan Stanley reduced their target price on shares of Bayer Aktiengesellschaft from €87.00 ($88.78) to €80.00 ($81.63) and set an “overweight” rating for the company in a research note on Wednesday, September 7th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $85.00.

Bayer Aktiengesellschaft Stock Performance

The company has a market cap of $47.51 billion, a P/E ratio of 5.88, a price-to-earnings-growth ratio of 1.09 and a beta of 1.09. The company’s 50-day moving average is $13.65 and its two-hundred day moving average is $15.49. The company has a quick ratio of 0.84, a current ratio of 1.18 and a debt-to-equity ratio of 1.00.

Bayer Aktiengesellschaft (OTCMKTS:BAYRYGet Rating) last released its quarterly earnings data on Thursday, August 4th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.46 by $0.05. The business had revenue of $13.66 billion for the quarter, compared to the consensus estimate of $12.28 billion. Bayer Aktiengesellschaft had a net margin of 8.84% and a return on equity of 21.56%. Equities analysts predict that Bayer Aktiengesellschaft will post 2.03 EPS for the current year.

Bayer Aktiengesellschaft Company Profile

(Get Rating)

Bayer Aktiengesellschaft, together its subsidiaries, operates as a life science company worldwide. It operates through Pharmaceuticals, Consumer Health, and Crop Science segments. The Pharmaceuticals segment offers prescription products primarily for cardiology and women's health care; specialty therapeutics in the areas of oncology, hematology, and ophthalmology; and diagnostic imaging equipment and contrast agents, as well as cell and gene therapy.

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