Merck KGaA (MRK) Given a €115.00 Price Target at Warburg Research
Other research analysts also recently issued reports about the company. HSBC Holdings plc set a €94.00 ($110.59) price target on Merck KGaA and gave the company a neutral rating in a report on Wednesday, August 9th. Independent Research GmbH set a €105.00 ($123.53) price objective on Merck KGaA and gave the stock a neutral rating in a research note on Wednesday, September 6th. Berenberg Bank set a €116.00 ($136.47) price objective on Merck KGaA and gave the stock a buy rating in a research note on Tuesday, September 19th. Citigroup Inc. set a €123.00 ($144.71) price objective on Merck KGaA and gave the company a buy rating in a research report on Monday, September 25th. Finally, Deutsche Bank AG set a €106.00 ($124.71) price objective on Merck KGaA and gave the company a neutral rating in a research report on Wednesday, July 26th. Thirteen equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of €109.61 ($128.95).
Merck KGaA (FRA MRK) opened at 95.478 on Monday. The stock has a market cap of €41.51 billion and a price-to-earnings ratio of 24.890. The stock has a 50 day moving average price of €94.70 and a 200 day moving average price of €101.98. Merck KGaA has a 52-week low of €89.00 and a 52-week high of €115.00.
About Merck KGaA
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