Merck KGaA (MRK) Given a €101.00 Price Target by Berenberg Bank Analysts
Several other equities analysts have also weighed in on MRK. Commerzbank AG set a €101.00 ($112.22) price objective on shares of Merck KGaA and gave the company a buy rating in a research report on Tuesday, August 30th. DZ Bank AG restated a buy rating on shares of Merck KGaA in a research note on Wednesday, May 25th. Deutsche Bank AG set a €102.00 ($113.33) price objective on shares of Merck KGaA and gave the stock a buy rating in a research note on Monday, June 6th. Bank of America Corp. set a €115.00 ($127.78) price objective on shares of Merck KGaA and gave the stock a buy rating in a research note on Thursday, September 8th. Finally, Bankhaus Lampe set a €112.00 ($124.44) target price on Merck KGaA and gave the stock a buy rating in a research report on Tuesday, August 2nd. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company. Merck KGaA has a consensus rating of Hold and an average price target of €100.55 ($111.72).
Shares of Merck KGaA (FRA:MRK) opened at 97.542 on Tuesday. Merck KGaA has a 12-month low of €70.87 and a 12-month high of €100.00. The company has a 50-day moving average of €96.57 and a 200-day moving average of €87.63. The stock has a market capitalization of €42.41 billion and a P/E ratio of 30.520.
Merck KGaA Company Profile
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