Merck & Co., Inc. (NYSE:MRK) Rating Increased to Buy at Wall Street Zen

Merck & Co., Inc. (NYSE:MRKGet Free Report) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Several other research analysts also recently weighed in on MRK. Royal Bank Of Canada reiterated an “outperform” rating and set a $142.00 price target on shares of Merck & Co., Inc. in a research note on Monday, March 30th. Citigroup started coverage on Merck & Co., Inc. in a research note on Wednesday, May 6th. They set a “neutral” rating and a $125.00 price target for the company. Barclays started coverage on Merck & Co., Inc. in a research note on Friday, February 20th. They set an “overweight” rating and a $140.00 price target for the company. UBS Group increased their price target on Merck & Co., Inc. from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, April 13th. Finally, JPMorgan Chase & Co. increased their price target on Merck & Co., Inc. from $125.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Merck & Co., Inc. presently has an average rating of “Moderate Buy” and a consensus target price of $128.18.

Read Our Latest Stock Report on Merck & Co., Inc.

Merck & Co., Inc. Stock Up 0.7%

MRK stock opened at $121.05 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.06 and a current ratio of 1.30. The company has a market capitalization of $298.96 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 2.70 and a beta of 0.21. Merck & Co., Inc. has a fifty-two week low of $76.66 and a fifty-two week high of $125.14. The stock has a fifty day moving average of $116.55 and a 200-day moving average of $112.39.

Merck & Co., Inc. (NYSE:MRKGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($1.28) earnings per share for the quarter, topping the consensus estimate of ($1.47) by $0.19. The company had revenue of $16.29 billion during the quarter, compared to the consensus estimate of $15.85 billion. Merck & Co., Inc. had a return on equity of 27.55% and a net margin of 13.59%.The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.22 EPS. Merck & Co., Inc. has set its FY 2026 guidance at 5.040-5.160 EPS. As a group, equities research analysts predict that Merck & Co., Inc. will post 5.17 earnings per share for the current year.

Institutional Trading of Merck & Co., Inc.

A number of institutional investors have recently added to or reduced their stakes in MRK. Wealthquest Corp raised its holdings in shares of Merck & Co., Inc. by 2.9% in the 1st quarter. Wealthquest Corp now owns 18,066 shares of the company’s stock valued at $2,173,000 after acquiring an additional 510 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Merck & Co., Inc. by 7.6% in the 1st quarter. Parallel Advisors LLC now owns 56,169 shares of the company’s stock valued at $6,757,000 after acquiring an additional 3,968 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Merck & Co., Inc. by 4.3% in the 1st quarter. NewEdge Advisors LLC now owns 413,565 shares of the company’s stock valued at $49,748,000 after acquiring an additional 17,134 shares in the last quarter. Optiver Holding B.V. purchased a new stake in shares of Merck & Co., Inc. in the 1st quarter valued at about $519,000. Finally, First Nebraska Trust Co purchased a new stake in shares of Merck & Co., Inc. in the 1st quarter valued at about $12,535,000. Hedge funds and other institutional investors own 76.07% of the company’s stock.

Key Merck & Co., Inc. News

Here are the key news stories impacting Merck & Co., Inc. this week:

About Merck & Co., Inc.

(Get Free Report)

Merck & Co, Inc is a global biopharmaceutical company engaged in the discovery, development, manufacture and marketing of prescription medicines, vaccines, biologic therapies and animal health products. Its portfolio spans multiple therapeutic areas with a particular emphasis on oncology, vaccines and infectious disease, as well as therapies for metabolic and chronic conditions. Among its well-known products are the cancer immunotherapy Keytruda (pembrolizumab) and the human papillomavirus vaccine Gardasil; the company also markets a range of medicines and vaccines for veterinary use through Merck Animal Health.

Founded in the late 19th century as the U.S.

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Analyst Recommendations for Merck & Co., Inc. (NYSE:MRK)

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