NEW YORK (dpa-AFX) - The analyst firm Jefferies has given Bayer a "Hold" rating with a target price of 29 euros after the quarterly figures. The adjusted operating result (Ebitda) of the pharmaceutical and agrochemical company was above expectations, but the Ebitda outlook had been lowered somewhat due to exchange rate effects, analyst Charlie Bentley wrote in a study published on Tuesday. His estimate for cash inflow in 2024 is at the upper end of the confirmed company target range and his forecast for net debt is significantly higher./gl/la

Publication of the original study: 14.05.2024 / 02:06 / ET First transmission of the original study: 14.05.2024 / 02:06 / ET