Oddo Bhf Reiterates €125.00 Price Target for Merck KGaA (MRK)
Several other brokerages also recently weighed in on MRK. HSBC Holdings plc set a €94.00 ($110.59) price target on Merck KGaA and gave the stock a neutral rating in a research note on Wednesday, August 9th. Independent Research GmbH set a €105.00 ($123.53) price objective on Merck KGaA and gave the company a neutral rating in a report on Wednesday, September 6th. Berenberg Bank set a €116.00 ($136.47) price objective on Merck KGaA and gave the company a buy rating in a research report 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, Warburg Research set a €116.00 ($136.47) target price on Merck KGaA and gave the stock a neutral rating in a research note on Tuesday, June 20th. Thirteen investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €109.61 ($128.95).
Shares of Merck KGaA (MRK) opened at 95.478 on Friday. The company has a 50 day moving average price of €94.70 and a 200 day moving average price of €101.98. The company has a market capitalization of €41.51 billion and a PE ratio of 24.890. Merck KGaA has a 1-year low of €89.00 and a 1-year high of €115.00.
About Merck KGaA
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