Kepler Capital Markets Reiterates “€115.00” Price Target for Merck KGaA (MRK)
Kepler Capital Markets set a €115.00 ($135.29) price objective on Merck KGaA (FRA:MRK) in a report released on Wednesday morning. The brokerage currently has a buy rating on the healthcare company’s stock.
MRK has been the topic of a number of other research reports. Goldman Sachs Group, Inc. (The) set a €105.00 ($123.53) price target on shares of Merck KGaA and gave the company a neutral rating in a report on Tuesday, September 19th. Citigroup Inc. set a €123.00 ($144.71) price target on shares of Merck KGaA and gave the company a buy rating in a report on Monday, September 25th. DZ Bank AG reaffirmed a sell rating on shares of Merck KGaA in a report on Tuesday, July 18th. Warburg Research set a €116.00 ($136.47) price target on shares of Merck KGaA and gave the company a neutral rating in a report on Friday, July 7th. Finally, Commerzbank Ag set a €109.00 ($128.24) price target on shares of Merck KGaA and gave the company a neutral rating in a report on Wednesday, September 6th. Thirteen investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of €109.43 ($128.75).
Shares of Merck KGaA (MRK) opened at 95.50 on Wednesday. Merck KGaA has a 12 month low of €89.00 and a 12 month high of €115.00. The firm has a 50-day moving average of €94.96 and a 200 day moving average of €101.83. The company has a market cap of €41.52 billion and a price-to-earnings ratio of 24.90.
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Merck KGaA Company Profile
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