Merck KGaA (OTCMKTS:MKGAY) has been given an average rating of “Hold” by the nine brokerages that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company.
Several brokerages have recently issued reports on MKGAY. DZ Bank cut shares of Merck KGaA from a “buy” rating to a “hold” rating in a report on Friday, July 9th. UBS Group cut shares of Merck KGaA from a “neutral” rating to a “sell” rating in a research note on Tuesday.
Shares of Merck KGaA stock opened at $38.36 on Friday. The company has a fifty day simple moving average of $38.36 and a 200-day simple moving average of $38.36. Merck KGaA has a 12-month low of $32.53 and a 12-month high of $42.02.
Merck KGaA is a science and technology company, which engages in the manufacture of pharmaceutical and chemical products. It operates through the following sectors: Healthcare, Life Science, Performance Materials and Corporate and Other. The Healthcare sector discovers, develops, and produces prescription medicines used to treat cancer, multiple sclerosis, and infertility.
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