S&P Global Inc. Analysts Give Merck KGaA (MRK) a €103.00 Price Target
Merck KGaA (FRA:MRK) has been given a €103.00 ($114.44) price target by equities research analysts at S&P Global Inc. in a research report issued on Friday. The brokerage currently has a a “neutral” rating on the stock.
A number of other research analysts have also commented on the company. Commerzbank AG set a €101.00 ($112.22) price target on Merck KGaA and gave the company a “buy” rating in a research report 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 report on Tuesday, July 26th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Merck KGaA in a research report 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 report on Thursday, July 28th. Finally, Berenberg Bank set a €101.00 ($112.22) price target on Merck KGaA and gave the company a “neutral” rating in a research report on Friday, August 12th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of €100.82 ($112.03).
Merck KGaA (FRA:MRK) traded up 2.848% during mid-day trading on Friday, reaching €97.898. The company had a trading volume of 425 shares. Merck KGaA has a 12-month low of €70.87 and a 12-month high of €100.00. The stock has a 50 day moving average price of €95.74 and a 200-day moving average price of €89.91. The stock has a market capitalization of €42.56 billion and a P/E ratio of 30.631.
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Merck KGaA Company Profile
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