UBS AG Analysts Give Merck KGaA (MRK) a €120.00 Price Target
Merck KGaA (FRA:MRK) has been given a €120.00 ($141.18) target price by research analysts at UBS AG in a report released on Monday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the healthcare company’s stock.
A number of other research analysts have also commented on MRK. equinet AG set a €112.00 ($131.76) price objective on Merck KGaA and gave the company a “neutral” rating in a report on Monday, June 26th. Morgan Stanley set a €103.00 ($121.18) target price on Merck KGaA and gave the company a “neutral” rating in a report on Monday, June 26th. Independent Research GmbH set a €115.00 ($135.29) target price on Merck KGaA and gave the company a “neutral” rating in a report on Monday, June 26th. Nord/LB reaffirmed a “neutral” rating on shares of Merck KGaA in a report on Wednesday, June 28th. Finally, Warburg Research set a €116.00 ($136.47) target price on Merck KGaA and gave the company a “neutral” rating in a report on Friday, July 7th. Thirteen equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of €109.43 ($128.75).
Merck KGaA (MRK) traded down 0.60% during trading on Monday, reaching €93.58. The company’s stock had a trading volume of 732 shares. The firm has a market capitalization of €40.69 billion and a price-to-earnings ratio of 24.40. Merck KGaA has a 52-week low of €89.00 and a 52-week high of €115.00. The stock’s 50-day moving average is €95.92 and its 200 day moving average is €101.24.
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Merck KGaA Company Profile
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