Bayer AG ADR

BAYRY: PINX (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$49.90	Mhnvjnm	Kwdx

Bayer's Wide Portfolio of Drug and Crop Science Products Should Enable Steady Long-Term Cash Flows

Damien Conover

Feb 6, 2023

Business Strategy and Outlook

Largely on the basis of the strong competitive advantages of the healthcare group and to a lesser extent the crop science business, we believe Bayer has created a wide economic moat. Also, the past divestiture of no-moat material science group Covestro leaves the company in a stronger competitive position.

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