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Kepler Capital Sticks to Their Buy Rating for Bayer (0P6S)

Tipranks - Thu Feb 19, 7:48PM CST

Kepler Capital analyst Christian Faitz maintained a Buy rating on Bayer on February 17 and set a price target of €53.00. The company’s shares closed last Tuesday at €49.32.

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According to TipRanks, Faitz is a 4-star analyst with an average return of 6.9% and a 51.48% success rate. Faitz covers the Basic Materials sector, focusing on stocks such as Wacker Chemie AG, Yara International, and K+S Aktiengesellschaft.

In addition to Kepler Capital , Bayer also received a Buy from Goldman Sachs’s James Quigley in a report issued yesterday. However, on the same day, DZ BANK AG downgraded Bayer (LSE: 0P6S) to a Sell.

0P6S market cap is currently €45.18B and has a P/E ratio of -228.21.

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