Merck KGaA (FRA:MRK) has been assigned a €112.00 ($120.43) target price by equities researchers at Bankhaus Lampe in a research report issued on Tuesday. The firm presently has a a “buy” rating on the stock.

Several other research analysts have also recently weighed in on MRK. Warburg Research set a €103.10 ($110.86) price target on Merck KGaA and gave the company a “buy” rating in a research report on Thursday, August 4th. Commerzbank AG set a €101.00 ($108.60) price target on Merck KGaA and gave the company a “buy” rating in a research report on Thursday, August 4th. S&P Global Inc. set a €103.00 ($110.75) price objective on Merck KGaA and gave the company a “neutral” rating in a research report on Thursday, August 4th. Independent Research GmbH set a €102.00 ($109.68) price objective on Merck KGaA and gave the company a “neutral” rating in a research report on Thursday, August 4th. Finally, Baader Bank set a €97.00 ($104.30) price objective on Merck KGaA and gave the company a “neutral” rating in a research report on Friday, August 5th. One 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. Merck KGaA has an average rating of “Hold” and a consensus price target of €101.60 ($109.24).

Analyst Recommendations for Merck KGaA (FRA:MRK)

Shares of Merck KGaA (FRA:MRK) opened at 94.31 on Tuesday. The company’s 50-day moving average price is €95.61 and its 200 day moving average price is €92.97. The stock has a market cap of €41.00 billion and a price-to-earnings ratio of 29.51. Merck KGaA has a 12-month low of €70.87 and a 12-month high of €100.00.

About Merck KGaA

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