S&P Global Inc. Analysts Give Merck KGaA (MRK) a €103.00 Price Target
Merck KGaA (FRA:MRK) received a €103.00 ($114.44) target price from investment analysts at S&P Global Inc. in a research note issued to investors on Friday. The firm currently has a a “neutral” rating on the stock.
A number of other analysts also recently issued reports on MRK. Bankhaus Lampe set a €102.00 ($113.33) target price on shares of Merck KGaA and gave the stock a “buy” rating in a research report on Friday, June 17th. Morgan Stanley set a €92.00 ($102.22) target price on shares of Merck KGaA and gave the stock a “sell” rating in a research report on Tuesday, June 21st. Baader Bank set a €97.00 ($107.78) target price on shares of Merck KGaA and gave the stock a “neutral” rating in a research report on Tuesday, June 21st. DZ Bank AG reissued a “buy” rating on shares of Merck KGaA in a research report on Thursday, July 14th. Finally, equinet AG set a €85.00 ($94.44) target price on shares of Merck KGaA and gave the stock a “buy” rating in a research report on Monday, July 18th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of €100.82 ($112.03).
Shares of Merck KGaA (FRA:MRK) traded up 2.848% during mid-day trading on Friday, hitting €97.898. The stock had a trading volume of 425 shares. The firm has a market capitalization of €42.56 billion and a price-to-earnings ratio of 30.631. Merck KGaA has a 1-year low of €70.87 and a 1-year high of €100.00. The stock’s 50-day moving average is €95.74 and its 200 day moving average is €89.91.
About Merck KGaA
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