Trade Report: Today, Merck KGaA (MRK) Given “Buy” Rating at DZ Bank AG

Today, Merck KGaA (MRK) Given “Buy” Rating at DZ Bank AG

DZ Bank AG reissued their buy rating on shares of Merck KGaA (FRA:MRK) in a research report sent to investors on Monday morning.

Other equities analysts also recently issued reports about the stock. Bankhaus Lampe set a €102.00 ($112.09) target price on shares of Merck KGaA and gave the stock a buy rating in a research note on Tuesday, July 19th. equinet AG set a €85.00 ($93.41) target price on shares of Merck KGaA and gave the stock a buy rating in a research note on Monday, July 18th. Deutsche Bank AG set a €110.00 ($120.88) target price on shares of Merck KGaA and gave the stock a buy rating in a research note on Thursday, July 28th. Citigroup Inc. set a €115.00 ($126.37) target price on shares of Merck KGaA and gave the stock a buy rating in a research note on Tuesday, July 26th. Finally, Commerzbank AG set a €101.00 ($110.99) target price on shares of Merck KGaA and gave the stock a buy rating in a research note on Friday, July 22nd. One research 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 presently has an average rating of Hold and an average price target of €101.19 ($111.19).

Shares of Merck KGaA (FRA:MRK) opened at 98.894 on Monday. Merck KGaA has a 52 week low of €70.87 and a 52 week high of €100.00. The firm’s 50 day moving average is €95.83 and its 200-day moving average is €90.34. The firm has a market cap of €43.00 billion and a price-to-earnings ratio of 30.943.

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