Berenberg Bank Reiterates €101.00 Price Target for Merck KGaA (MRK)
MRK has been the topic of a number of other reports. JPMorgan Chase & Co. reiterated a neutral rating on shares of Merck KGaA in a research note on Friday, October 14th. Citigroup Inc. set a €115.00 ($123.66) price objective on Merck KGaA and gave the stock a buy rating in a research note on Thursday, September 29th. BNP Paribas set a €114.00 ($122.58) price objective on Merck KGaA and gave the stock a buy rating in a research note on Friday, September 30th. Commerzbank AG set a €101.00 ($108.60) price objective on Merck KGaA and gave the stock a buy rating in a research note on Tuesday, August 30th. Finally, Bank of America Corp. set a €115.00 ($123.66) target price on Merck KGaA and gave the stock a buy rating in a research report on Thursday, September 8th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the company. Merck KGaA has an average rating of Hold and an average price target of €101.91 ($109.58).
Shares of Merck KGaA (FRA:MRK) opened at 94.699 on Tuesday. The firm has a market capitalization of €41.17 billion and a PE ratio of 29.630. Merck KGaA has a 52-week low of €70.87 and a 52-week high of €100.00. The company has a 50-day moving average price of €95.58 and a 200 day moving average price of €92.98.
Merck KGaA Company Profile
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