Kepler Capital Markets upgraded shares of Bayer Aktiengesellschaft (OTCMKTS:BAYRY - Free Report) from a hold rating to a buy rating in a research report report published on Wednesday, Marketbeat.com reports.
Other equities research analysts have also recently issued reports about the company. The Goldman Sachs Group raised Bayer Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research note on Thursday, June 5th. Hsbc Global Res raised Bayer Aktiengesellschaft to a "hold" rating in a research report on Monday, April 28th. Finally, Wall Street Zen raised Bayer Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Friday, June 6th. Two analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Bayer Aktiengesellschaft currently has an average rating of "Buy".
View Our Latest Research Report on Bayer Aktiengesellschaft
Bayer Aktiengesellschaft Price Performance
OTCMKTS:BAYRY traded down $0.16 during mid-day trading on Wednesday, reaching $7.87. The stock had a trading volume of 385,705 shares, compared to its average volume of 807,125. The firm has a 50 day moving average price of $6.67 and a two-hundred day moving average price of $5.96. The stock has a market capitalization of $30.93 billion, a P/E ratio of -30.27 and a beta of 0.85. Bayer Aktiengesellschaft has a one year low of $4.79 and a one year high of $8.58. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.81 and a current ratio of 1.32.
Bayer Aktiengesellschaft (OTCMKTS:BAYRY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.02. The business had revenue of $15.27 billion for the quarter, compared to analysts' expectations of $13.39 billion. Bayer Aktiengesellschaft had a positive return on equity of 16.90% and a negative net margin of 2.02%. As a group, analysts expect that Bayer Aktiengesellschaft will post 1.31 earnings per share for the current year.
Bayer Aktiengesellschaft Increases Dividend
The company also recently disclosed a dividend, which was paid on Monday, May 12th. Stockholders of record on Wednesday, April 30th were paid a $0.0224 dividend. This represents a dividend yield of 0.38%. This is a boost from Bayer Aktiengesellschaft's previous dividend of $0.02. The ex-dividend date of this dividend was Tuesday, April 29th. Bayer Aktiengesellschaft's dividend payout ratio (DPR) is presently -2.17%.
Bayer Aktiengesellschaft Company Profile
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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 digital solutions, and contrast agents, as well as cell and gene therapy.
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