Merck KGaA (FRA:MRK)‘s stock had its “neutral” rating restated by equities researchers at JPMorgan Chase & Co. in a report issued on Friday.

A number of other brokerages have also commented on MRK. Warburg Research set a €110.00 ($120.88) price objective on Merck KGaA and gave the stock a “buy” rating in a research report on Thursday, March 9th. Nord/LB set a €114.00 ($125.27) price objective on Merck KGaA and gave the stock a “buy” rating in a research report on Thursday, March 9th. Commerzbank Ag set a €109.00 ($119.78) price objective on Merck KGaA and gave the stock a “neutral” rating in a research report on Thursday, March 9th. Independent Research GmbH set a €110.00 ($120.88) price objective on Merck KGaA and gave the stock a “neutral” rating in a research report on Thursday, March 9th. Finally, Citigroup Inc set a €116.00 ($127.47) price objective on Merck KGaA and gave the stock a “buy” rating in a research report on Wednesday, March 1st. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of €109.29 ($120.09).

Analyst Recommendations for Merck KGaA (FRA:MRK)

Shares of Merck KGaA (FRA:MRK) traded down 0.555% during midday trading on Friday, reaching €107.898. 890 shares of the company’s stock were exchanged. The firm has a 50-day moving average of €107.69 and a 200-day moving average of €101.54. The company has a market capitalization of €46.91 billion and a PE ratio of 28.796. Merck KGaA has a 1-year low of €80.99 and a 1-year high of €115.00.

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About Merck KGaA

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