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J.P. Morgan says Bayer ag unit’s 2029 potential is underrated

J.P. Morgan analysts said the market may not fully grasp Bayer’s agricultural unit potential. In a Wednesday event, the German conglomerate reiterated its 2029 forecast for the business.

BAYN

Bayer sees its agricultural business on track to hit 2029 targets set a couple of years ago, but the market doesn't seem to be fully grasping the unit's potential, analysts at J.P.

Morgan say in a research note.

At an event held Wednesday, the German conglomerate reiterated its 2029 forecast for it…