Commerzbank Ag set a €76.00 ($88.37) price objective on MorphoSys AG (ETR:MOR) in a research note released on Tuesday morning. The firm currently has a buy rating on the stock.

A number of other analysts have also recently issued reports on MOR. Berenberg Bank set a €68.00 ($79.07) price objective on shares of MorphoSys AG and gave the stock a buy rating in a research note on Friday, July 14th. HSBC Holdings plc set a €59.00 ($68.60) price objective on shares of MorphoSys AG and gave the stock a neutral rating in a research note on Friday, July 14th. Goldman Sachs Group, Inc. (The) set a €55.00 ($63.95) price objective on shares of MorphoSys AG and gave the stock a neutral rating in a research note on Monday, July 17th. Independent Research GmbH set a €77.00 ($89.53) price objective on shares of MorphoSys AG and gave the stock a buy rating in a research note on Monday, July 17th. Finally, J P Morgan Chase & Co reissued a neutral rating on shares of MorphoSys AG in a research note on Monday, July 17th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of €81.25 ($94.48).

Shares of MorphoSys AG (ETR:MOR) opened at €76.54 ($89.00) on Tuesday. MorphoSys AG has a 52 week low of €38.14 ($44.35) and a 52 week high of €82.13 ($95.50).

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MorphoSys AG Company Profile

MorphoSys AG, together with its subsidiaries, engages in the research, development, and optimization of therapeutic antibody drug candidates in partnerships with pharmaceutical and biotechnology companies. The company, together with its pharmaceutical partners, develops a therapeutic pipeline of approximately 100 human antibody drug candidates for the treatment of cancer, rheumatoid arthritis, Alzheimer's disease, infectious diseases, cardiovascular dysfunction, and inflammation.

Analyst Recommendations for MorphoSys AG (ETR:MOR)

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