Bankhaus Lampe Reiterates €112.00 Price Target for Merck KGaA (MRK)
Merck KGaA (FRA:MRK) received a €112.00 ($124.44) price objective from Bankhaus Lampe in a report released on Friday. The brokerage presently has a a “buy” rating on the stock.
A number of other brokerages also recently issued reports on MRK. Commerzbank AG set a €101.00 ($112.22) price target on Merck KGaA and gave the company a “buy” rating in a report on Thursday, August 4th. BNP Paribas set a €114.00 ($126.67) price target on Merck KGaA and gave the company a “buy” rating in a report on Friday, September 30th. Citigroup Inc. set a €115.00 ($127.78) price target on Merck KGaA and gave the company a “buy” rating in a report on Thursday, September 29th. S&P Global Inc. set a €103.00 ($114.44) price target on Merck KGaA and gave the company a “neutral” rating in a report on Thursday, August 4th. Finally, equinet AG set a €85.00 ($94.44) price target on Merck KGaA and gave the company a “buy” rating in a report on Monday, July 18th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the company. Merck KGaA currently has a consensus rating of “Hold” and an average target price of €100.82 ($112.03).
Merck KGaA (FRA:MRK) traded up 2.848% on Friday, reaching €97.898. The company’s stock had a trading volume of 425 shares. The firm’s 50 day moving average price is €95.74 and its 200-day moving average price is €89.91. Merck KGaA has a 1-year low of €70.87 and a 1-year high of €100.00. The company has a market capitalization of €42.56 billion and a price-to-earnings ratio of 30.631.
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About Merck KGaA
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