Morgan Stanley Remains a Hold on Bayer (0P6S)
In a report released yesterday, Vincent Andrews from Morgan Stanley maintained a Hold rating on Bayer (0P6S – Research Report), with a price target of €28.00. The company's shares closed yesterday at €26.70.
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Andrews covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Westlake Corporation, and Cf Industries Holdings. According to TipRanks, Andrews has an average return of 5.0% and a 61.66% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bayer with a €27.58 average price target, which is a 3.31% upside from current levels. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a €25.00 price target.
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