Commerzbank AG set a €101.00 ($112.22) target price on Merck KGaA (FRA:MRK) in a research note released on Friday morning. The brokerage currently has a a buy rating on the stock.

A number of other brokerages also recently commented on MRK. Bankhaus Lampe set a €102.00 ($113.33) price objective on shares of Merck KGaA and gave the stock a buy rating in a research report on Tuesday, July 19th. BNP Paribas set a €114.00 ($126.67) price objective on shares of Merck KGaA and gave the stock a buy rating in a research report on Friday, September 30th. Citigroup Inc. set a €115.00 ($127.78) price objective on shares of Merck KGaA and gave the stock a buy rating in a research report on Thursday, September 29th. S&P Global Inc. set a €103.00 ($114.44) price objective on shares of Merck KGaA and gave the stock a neutral rating in a research report on Thursday, August 4th. Finally, equinet AG set a €85.00 ($94.44) price objective on shares of Merck KGaA and gave the stock a buy rating in a research report on Monday, July 18th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of €101.19 ($112.43).

Analyst Recommendations for Merck KGaA (FRA:MRK)

Merck KGaA (FRA:MRK) traded up 0.09% during trading on Friday, hitting €97.37. 2,007 shares of the stock traded hands. Merck KGaA has a 52-week low of €70.87 and a 52-week high of €100.00. The company’s 50 day moving average price is €95.75 and its 200-day moving average price is €89.96. The stock has a market cap of €42.33 billion and a P/E ratio of 30.47.

About Merck KGaA

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