Merck KGaA (MRK) PT Set at €101.00 by Berenberg Bank
Merck KGaA (FRA:MRK) received a €101.00 ($112.22) price target from equities research analysts at Berenberg Bank in a research note issued to investors on Tuesday. The brokerage currently has a a “neutral” rating on the stock.
A number of other research firms also recently weighed in on MRK. Commerzbank AG set a €101.00 ($112.22) price target on Merck KGaA and gave the company a “buy” rating in a research note on Friday, July 22nd. Citigroup Inc. set a €115.00 ($127.78) price target on Merck KGaA and gave the company a “buy” rating in a research note on Tuesday, July 26th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Merck KGaA in a research note on Thursday, July 21st. Deutsche Bank AG set a €110.00 ($122.22) price target on Merck KGaA and gave the company a “buy” rating in a research note on Thursday, July 28th. Finally, DZ Bank AG restated a “buy” rating on shares of Merck KGaA in a research note on Thursday, July 14th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of €100.55 ($111.72).
Merck KGaA (FRA:MRK) opened at 97.72 on Tuesday. Merck KGaA has a one year low of €70.87 and a one year high of €100.00. The stock’s 50 day moving average price is €96.55 and its 200-day moving average price is €87.51. The firm has a market capitalization of €42.49 billion and a price-to-earnings ratio of 30.58.
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Merck KGaA Company Profile
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