Merck KGaA (MRK) Given a €112.00 Price Target at equinet AG
Merck KGaA (FRA:MRK) received a €112.00 ($125.84) price target from investment analysts at equinet AG in a research note issued to investors on Monday. The firm presently has a “neutral” rating on the healthcare company’s stock.
A number of other equities research analysts have also weighed in on MRK. JPMorgan Chase & Co. restated a “neutral” rating on shares of Merck KGaA in a research note on Monday, February 27th. BNP Paribas set a €114.00 ($128.09) price target on Merck KGaA and gave the stock a “buy” rating in a research note on Tuesday, February 28th. Citigroup Inc. set a €116.00 ($130.34) price target on Merck KGaA and gave the stock a “buy” rating in a research note on Wednesday, March 1st. Warburg Research set a €110.00 ($123.60) price target on Merck KGaA and gave the stock a “buy” rating in a research note on Thursday, March 9th. Finally, Commerzbank Ag set a €109.00 ($122.47) price target on Merck KGaA and gave the stock a “neutral” rating in a research note on Thursday, March 9th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of €111.09 ($124.82).
Merck KGaA (FRA:MRK) traded up 0.179% during trading on Monday, reaching €111.114. 332 shares of the company’s stock traded hands. The firm has a market cap of €48.24 billion and a price-to-earnings ratio of 30.977. Merck KGaA has a one year low of €80.99 and a one year high of €115.00. The company has a 50 day moving average of €108.18 and a 200 day moving average of €103.68.
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