Merck KGaA (MRK) Given a €118.00 Price Target at Deutsche Bank AG
Merck KGaA (FRA:MRK) received a €118.00 ($124.21) price objective from analysts at Deutsche Bank AG in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock.
MRK has been the topic of a number of other research reports. Warburg Research set a €103.10 ($108.53) price objective on Merck KGaA and gave the stock a “buy” rating in a research report on Thursday, August 4th. equinet AG set a €85.00 ($89.47) price objective on Merck KGaA and gave the stock a “buy” rating in a research report on Thursday, August 4th. DZ Bank AG restated a “buy” rating on shares of Merck KGaA in a research report on Friday, August 5th. Commerzbank AG set a €101.00 ($106.32) price objective on Merck KGaA and gave the stock a “buy” rating in a research report on Tuesday, August 30th. Finally, Credit Suisse Group AG set a €108.00 ($113.68) price objective on Merck KGaA and gave the stock a “buy” rating in a research report on Friday, August 5th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €102.28 ($107.66).
Shares of Merck KGaA (FRA:MRK) opened at 95.638 on Wednesday. The stock’s 50 day moving average price is €95.30 and its 200-day moving average price is €93.78. The firm has a market cap of €41.63 billion and a price-to-earnings ratio of 27.973. Merck KGaA has a 52-week low of €70.87 and a 52-week high of €100.00.
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About Merck KGaA
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