Berenberg Bank set a €110.00 ($127.91) price target on Merck KGaA (FRA:MRK) in a research note released on Wednesday. The firm currently has a neutral rating on the healthcare company’s stock.

MRK has been the topic of a number of other reports. S&P Global set a €115.00 ($133.72) price objective on shares of Merck KGaA and gave the stock a neutral rating in a research report on Friday, May 19th. Credit Suisse Group set a €125.00 ($145.35) price objective on shares of Merck KGaA and gave the stock a buy rating in a research report on Monday, May 8th. Warburg Research set a €116.00 ($134.88) price objective on shares of Merck KGaA and gave the stock a neutral rating in a research report on Tuesday, June 20th. Morgan Stanley set a €103.00 ($119.77) price objective on shares of Merck KGaA and gave the stock a neutral rating in a research report on Monday, May 29th. Finally, DZ Bank AG reissued a sell rating on shares of Merck KGaA in a research report on Tuesday, July 18th. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and five have assigned a buy rating to the company. Merck KGaA currently has an average rating of Hold and a consensus target price of €109.55 ($127.38).

Merck KGaA (MRK) opened at 93.32 on Wednesday. The company’s 50-day moving average price is €103.96 and its 200-day moving average price is €104.56. The stock has a market cap of €40.52 billion and a P/E ratio of 26.02. Merck KGaA has a one year low of €89.00 and a one year high of €115.00.

COPYRIGHT VIOLATION NOTICE: “Merck KGaA (FRA:MRK) Given a €110.00 Price Target by Berenberg Bank Analysts” was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States and international trademark & copyright laws. The legal version of this article can be read at https://www.watchlistnews.com/merck-kgaa-framrk-given-a-110-00-price-target-by-berenberg-bank-analysts/1461959.html.

Merck KGaA Company Profile

.

Analyst Recommendations for Merck KGaA (FRA:MRK)

Receive News & Ratings for Merck KGaA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merck KGaA and related companies with Analyst Ratings Network's FREE daily email newsletter.