BAYER AG ● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at EUR 60.56 EUR in weekly data.
● The close medium term support offers good timing for purchasing the stock.
● Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
● The company is one of the best yield companies with high dividend expectations.
● Over the past year, analysts have regularly revised upwards their sales forecast for the company.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses
● The company is in debt and has limited leeway for investment
● Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
● Below the resistance at 77.59 EUR, the stock shows a negative configuration when looking looking at the weekly chart.
