Independent Research GmbH Analysts Give Merck KGaA (MRK) a €105.00 Price Target
Independent Research GmbH set a €105.00 ($123.53) price objective on Merck KGaA (FRA:MRK) in a report published on Thursday morning. The firm currently has a neutral rating on the healthcare company’s stock.
Several other equities research analysts also recently issued reports on MRK. J P Morgan Chase & Co reaffirmed a neutral rating on shares of Merck KGaA in a research report on Wednesday, June 7th. Commerzbank Ag set a €109.00 ($128.24) price target on Merck KGaA and gave the company a neutral rating in a research report on Tuesday, June 13th. Morgan Stanley set a €103.00 ($121.18) price target on Merck KGaA and gave the company a neutral rating in a research report on Tuesday, June 13th. Warburg Research set a €116.00 ($136.47) price target on Merck KGaA and gave the company a neutral rating in a research report on Tuesday, June 20th. Finally, equinet AG set a €112.00 ($131.76) price target on Merck KGaA and gave the company a neutral rating in a research report on Monday, June 26th. Thirteen investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Merck KGaA has an average rating of Hold and a consensus price target of €109.43 ($128.75).
Merck KGaA (FRA MRK) opened at 96.10 on Thursday. The firm has a market cap of €41.78 billion and a PE ratio of 25.05. Merck KGaA has a 1-year low of €89.00 and a 1-year high of €115.00. The company has a 50 day moving average price of €94.96 and a 200 day moving average price of €101.83.
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Merck KGaA Company Profile
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