Merck KGaA (MRK) PT Set at €100.00 by Nord/LB
Merck KGaA (FRA:MRK) has been given a €100.00 ($117.65) target price by research analysts at Nord/LB in a research report issued to clients and investors on Thursday. The brokerage presently has a “neutral” rating on the healthcare company’s stock.
MRK has been the topic of several other research reports. equinet AG set a €91.00 ($107.06) price objective on Merck KGaA and gave the company a “neutral” rating in a research note on Tuesday, April 25th. Credit Suisse Group set a €106.00 ($124.71) target price on Merck KGaA and gave the stock a “neutral” rating in a research note on Wednesday, July 26th. DZ Bank AG reiterated a “neutral” rating on shares of Merck KGaA in a research note on Monday, May 29th. Kepler Capital Markets set a €119.00 ($140.00) price target on Merck KGaA and gave the stock a “buy” rating in a research report on Monday, July 31st. Finally, Morgan Stanley set a €103.00 ($121.18) price target on Merck KGaA and gave the stock a “neutral” rating in a research report on Tuesday, June 6th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €108.27 ($127.38).
Shares of Merck KGaA (FRA:MRK) traded down 0.828% on Thursday, hitting €92.825. The company had a trading volume of 1,952 shares. The firm has a market capitalization of €40.30 billion and a P/E ratio of 25.878. Merck KGaA has a 12-month low of €89.00 and a 12-month high of €115.00. The firm has a 50 day moving average of €103.27 and a 200-day moving average of €104.45.
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About Merck KGaA
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