DZ Bank AG Reaffirms Neutral Rating for Merck KGaA (MRK)
Merck KGaA (FRA:MRK)‘s stock had its “neutral” rating reaffirmed by analysts at DZ Bank AG in a research report issued on Thursday.
MRK has been the subject of a number of other reports. HSBC Holdings plc set a €94.00 ($110.59) target price on Merck KGaA and gave the company a “neutral” rating in a report on Wednesday, August 9th. S&P Global set a €115.00 ($135.29) target price on Merck KGaA and gave the company a “neutral” rating in a report on Friday, May 19th. Credit Suisse Group set a €125.00 ($147.06) target price on Merck KGaA and gave the company a “buy” rating in a report on Monday, May 8th. Warburg Research set a €116.00 ($136.47) target price on Merck KGaA and gave the company a “neutral” rating in a report on Tuesday, June 20th. Finally, Deutsche Bank AG set a €106.00 ($124.71) target price on Merck KGaA and gave the company a “neutral” rating in a report on Wednesday, July 26th. Sixteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of €108.52 ($127.68).
Merck KGaA (FRA MRK) traded down 0.18% during mid-day trading on Thursday, reaching €92.89. 366 shares of the company were exchanged. Merck KGaA has a 1-year low of €89.00 and a 1-year high of €115.00. The stock has a market capitalization of €40.39 billion and a price-to-earnings ratio of 24.22. The stock’s 50-day moving average price is €98.56 and its 200-day moving average price is €103.69.
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Merck KGaA Company Profile
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