Deutsche Bank AG Reiterates “€106.00” Price Target for Merck KGaA (FRA:MRK)
Deutsche Bank AG set a €106.00 ($123.26) price objective on Merck KGaA (FRA:MRK) in a research note issued to investors on Wednesday. The firm currently has a neutral rating on the healthcare company’s stock.
Other equities analysts also recently issued reports about the stock. BNP Paribas set a €114.00 ($132.56) target price on shares of Merck KGaA and gave the stock a buy rating in a report on Wednesday, May 10th. DZ Bank AG restated a neutral rating on shares of Merck KGaA in a report on Saturday, May 20th. equinet AG set a €91.00 ($105.81) target price on shares of Merck KGaA and gave the stock a neutral rating in a report on Saturday, May 20th. Warburg Research set a €116.00 ($134.88) target price on shares of Merck KGaA and gave the stock a neutral rating in a report on Tuesday, June 20th. Finally, Morgan Stanley set a €103.00 ($119.77) target price on shares of Merck KGaA and gave the stock a neutral rating in a report on Monday, May 15th. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of €109.55 ($127.38).
Merck KGaA (FRA:MRK) opened at 93.32 on Wednesday. The firm has a market capitalization of €40.52 billion and a price-to-earnings ratio of 26.02. The company has a 50-day moving average of €103.96 and a 200-day moving average of €104.56. Merck KGaA has a 1-year low of €89.00 and a 1-year high of €115.00.
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About Merck KGaA
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