Warburg Research Analysts Give Merck KGaA (MRK) a €116.00 Price Target
Merck KGaA (FRA:MRK) has been given a €116.00 ($128.89) price objective by investment analysts at Warburg Research in a research report issued to clients and investors on Tuesday. The firm presently has a “neutral” rating on the healthcare company’s stock.
MRK has been the topic of a number of other reports. Morgan Stanley set a €103.00 ($114.44) target price on shares of Merck KGaA and gave the stock a “neutral” rating in a research report on Tuesday, February 21st. BNP Paribas set a €114.00 ($126.67) price objective on shares of Merck KGaA and gave the company a “buy” rating in a research report on Tuesday, February 28th. Deutsche Bank AG set a €118.00 ($131.11) price objective on shares of Merck KGaA and gave the company a “buy” rating in a research report on Monday, February 20th. Citigroup Inc. set a €116.00 ($128.89) price objective on shares of Merck KGaA and gave the company a “buy” rating in a research report on Wednesday, March 1st. Finally, J P Morgan Chase & Co reissued a “neutral” rating on shares of Merck KGaA in a research report on Monday, February 27th. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and seven have given a buy rating to the company. Merck KGaA has an average rating of “Hold” and a consensus price target of €110.14 ($122.37).
Merck KGaA (MRK) opened at 108.70 on Tuesday. Merck KGaA has a 52-week low of €80.99 and a 52-week high of €115.00. The company’s 50 day moving average is €108.14 and its 200-day moving average is €103.45. The company has a market capitalization of €47.19 billion and a price-to-earnings ratio of 30.30.
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Merck KGaA Company Profile
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