According to TipRanks, Spengler is a 4-star analyst with an average return of 6.0% and a 64.75% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bayer with a €49.28 average price target, representing a 4.85% upside. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a €50.00 price target.
Based on Bayer’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €13.41 billion and a net profit of €2.76 billion. In comparison, last year the company earned a revenue of €13.74 billion and had a net profit of €1.3 billion
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0P6S in relation to earlier this year.
