Merck & Co (MRK) Set to Announce Earnings on Wednesday
Merck & Co (NYSE:MRK) is set to issue its quarterly earnings data on Wednesday, February 5th. Individual interested in participating in the company’s earnings conference call can do so using this link.
Merck & Co (NYSE:MRK) opened at 52.08 on Tuesday. Merck & Co has a 52 week low of $40.83 and a 52 week high of $54.10. The stock has a 50-day moving average of $50.66 and a 200-day moving average of $48.45. The company has a market cap of $152.2 billion and a price-to-earnings ratio of 35.60.
A number of research firms have recently commented on MRK. Analysts at TheStreet reiterated a “buy” rating on shares of Merck & Co in a research note to investors on Monday. On a related note, analysts at Morgan Stanley upgraded shares of Merck & Co from an “equal weight” rating to an “overweight” rating in a research note to investors on Monday, January 27th. They now have a $60.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. Merck & Co has a consensus rating of “Hold” and an average price target of $53.81.
Merck & Co, Inc (NYSE:MRK) is a global health care company that delivers health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products, which it markets directly and through its joint ventures.
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