Berenberg Bank set a €116.00 ($138.10) price target on Merck KGaA (FRA:MRK) in a research note released on Wednesday morning. The firm currently has a buy rating on the healthcare company’s stock.

Several other equities analysts have also weighed in on the stock. J P Morgan Chase & Co reissued a neutral rating on shares of Merck KGaA in a research report on Wednesday, September 6th. Commerzbank Ag set a €109.00 ($129.76) price objective on shares of Merck KGaA and gave the company a neutral rating in a research report on Wednesday, September 6th. Independent Research GmbH set a €105.00 ($125.00) price objective on shares of Merck KGaA and gave the company a neutral rating in a research report on Wednesday, September 6th. Bank of America Corporation set a €110.00 ($130.95) price target on shares of Merck KGaA and gave the stock a buy rating in a research report on Wednesday, September 6th. Finally, Warburg Research set a €115.00 ($136.90) price target on shares of Merck KGaA and gave the stock a buy rating in a research report on Wednesday, September 6th. Thirteen equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €108.38 ($129.02).

Shares of Merck KGaA (FRA:MRK) opened at 96.97 on Wednesday. The firm has a market capitalization of €42.16 billion and a price-to-earnings ratio of 25.28. The firm has a 50-day moving average of €93.29 and a 200 day moving average of €102.45. Merck KGaA has a 52-week low of €89.00 and a 52-week high of €115.00.

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Merck KGaA Company Profile

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Analyst Recommendations for Merck KGaA (FRA:MRK)

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