Societe Generale Analysts Give Merck KGaA (MRK) a €97.00 Price Target
Merck KGaA (FRA:MRK) has been assigned a €97.00 ($107.78) price objective by equities researchers at Societe Generale in a research report issued on Monday. The firm currently has a a “neutral” rating on the stock.
A number of other equities analysts have also recently issued reports on MRK. Morgan Stanley set a €92.00 ($102.22) target price on shares of Merck KGaA and gave the stock a “sell” rating in a report on Tuesday, June 21st. Baader Bank set a €97.00 ($107.78) price target on shares of Merck KGaA and gave the company a “neutral” rating in a research note on Tuesday, June 21st. Bankhaus Lampe set a €102.00 ($113.33) price target on shares of Merck KGaA and gave the company a “buy” rating in a research note on Tuesday, July 5th. DZ Bank AG restated a “buy” rating on shares of Merck KGaA in a research note on Thursday, July 14th. Finally, equinet AG set a €85.00 ($94.44) price target on shares of Merck KGaA and gave the company a “buy” rating in a research note on Monday, July 18th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of €101.19 ($112.43).
Shares of Merck KGaA (FRA:MRK) opened at 97.34 on Monday. Merck KGaA has a 1-year low of €70.87 and a 1-year high of €100.00. The company has a 50-day moving average price of €95.75 and a 200-day moving average price of €89.96. The stock has a market cap of €42.32 billion and a price-to-earnings ratio of 30.46.
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Merck KGaA Company Profile
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