Merck KGaA (FRA:MRK) received a €101.00 ($112.22) price target from investment analysts at Berenberg Bank in a research note issued to investors on Tuesday. The brokerage presently has a a “neutral” rating on the stock.

Several other research firms also recently issued reports on MRK. Commerzbank AG set a €101.00 ($112.22) price objective on shares of Merck KGaA and gave the company a “buy” rating in a report on Thursday, August 4th. Bankhaus Lampe set a €102.00 ($113.33) price objective on shares of Merck KGaA and gave the company a “buy” rating in a report on Tuesday, July 19th. Baader Bank set a €97.00 ($107.78) price objective on shares of Merck KGaA and gave the company a “neutral” rating in a report on Thursday, June 9th. Independent Research GmbH set a €93.00 ($103.33) price objective on shares of Merck KGaA and gave the company a “neutral” rating in a report on Tuesday, June 7th. Finally, Deutsche Bank AG set a €102.00 ($113.33) price objective on shares of Merck KGaA and gave the company a “buy” rating in a report on Monday, June 6th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €100.55 ($111.72).

Analyst Recommendations for Merck KGaA (FRA:MRK)

Shares of Merck KGaA (FRA:MRK) opened at 97.72 on Tuesday. Merck KGaA has a 1-year low of €70.87 and a 1-year high of €100.00. The firm’s 50-day moving average is €96.55 and its 200-day moving average is €87.51. The company has a market cap of €42.49 billion and a PE ratio of 30.58.

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About Merck KGaA

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