Citigroup Inc. set a €116.00 ($122.11) price target on Merck KGaA (FRA:MRK) in a research note published on Thursday. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also commented on the company. Commerzbank AG set a €101.00 ($106.32) price target on Merck KGaA and gave the company a buy rating in a research note on Tuesday. J P Morgan Chase & Co set a €100.00 ($105.26) price objective on Merck KGaA and gave the company a neutral rating in a research note on Thursday, January 5th. Berenberg Bank set a €101.00 ($106.32) price objective on Merck KGaA and gave the company a neutral rating in a research note on Friday, December 9th. Bank of America set a €115.00 ($121.05) price objective on Merck KGaA and gave the company a buy rating in a research note on Wednesday, November 30th. Finally, Deutsche Bank AG set a €118.00 ($124.21) price objective on Merck KGaA and gave the company a buy rating in a research note on Wednesday, November 30th. Eleven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Merck KGaA has a consensus rating of Hold and an average target price of €103.81 ($109.27).

Shares of Merck KGaA (FRA:MRK) traded up 2.048% during midday trading on Thursday, reaching €103.247. The company had a trading volume of 1,543 shares. Merck KGaA has a 1-year low of €70.87 and a 1-year high of €103.68. The stock has a market capitalization of €44.94 billion and a PE ratio of 30.198. The company’s 50-day moving average is €96.70 and its 200-day moving average is €95.64.

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About Merck KGaA

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