Trade Report: The Merck KGaA (MRK) PT Set at €101.00 by Commerzbank AG

The Merck KGaA (MRK) PT Set at €101.00 by Commerzbank AG

Merck KGaA (FRA:MRK) has been given a €101.00 ($112.22) price objective by investment analysts at Commerzbank AG in a report released on Friday. The brokerage presently has a a “buy” rating on the stock.

Other equities research analysts also recently issued reports about the stock. Bankhaus Lampe set a €102.00 ($113.33) price objective on shares of Merck KGaA and gave the stock a “buy” rating in a research report on Tuesday, July 19th. BNP Paribas set a €114.00 ($126.67) price objective on shares of Merck KGaA and gave the stock a “buy” rating in a research report on Friday, September 30th. Citigroup Inc. set a €115.00 ($127.78) price objective on shares of Merck KGaA and gave the stock a “buy” rating in a research report on Thursday, September 29th. S&P Global Inc. set a €103.00 ($114.44) price objective on shares of Merck KGaA and gave the stock a “neutral” rating in a research report on Thursday, August 4th. Finally, equinet AG set a €85.00 ($94.44) price objective on shares of Merck KGaA and gave the stock a “buy” rating in a research report on Monday, July 18th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €100.82 ($112.03).

Shares of Merck KGaA (FRA:MRK) opened at 97.731 on Friday. Merck KGaA has a 52-week low of €70.87 and a 52-week high of €100.00. The company’s 50-day moving average price is €95.74 and its 200-day moving average price is €89.91. The company has a market capitalization of €42.49 billion and a price-to-earnings ratio of 30.579.

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