Merck KGaA (MRK) Given Neutral Rating at J P Morgan Chase & Co
Merck KGaA (FRA:MRK)‘s stock had its “neutral” rating reaffirmed by J P Morgan Chase & Co in a research note issued to investors on Friday.
A number of other analysts have also recently issued reports on the company. Nord/LB reaffirmed a “neutral” rating on shares of Merck KGaA in a research report on Wednesday, June 28th. equinet AG set a €112.00 ($131.76) price objective on Merck KGaA and gave the company a “neutral” rating in a research report on Monday, June 26th. Warburg Research set a €116.00 ($136.47) price objective on Merck KGaA and gave the company a “neutral” rating in a research report on Friday, July 7th. Deutsche Bank AG set a €125.00 ($147.06) price objective on Merck KGaA and gave the company a “buy” rating in a research report on Tuesday, May 2nd. Finally, Commerzbank Ag set a €109.00 ($128.24) price objective on Merck KGaA and gave the company a “neutral” rating in a research report on Tuesday, June 13th. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of €108.81 ($128.01).
Shares of Merck KGaA (FRA:MRK) traded down 0.828% on Friday, reaching €92.825. The company’s stock had a trading volume of 1,952 shares. Merck KGaA has a 1-year low of €89.00 and a 1-year high of €115.00. The company’s 50 day moving average is €103.27 and its 200-day moving average is €104.45. The firm has a market cap of €40.30 billion and a price-to-earnings ratio of 25.878.
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Merck KGaA Company Profile
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