Trading Report: The Merck KGaA (MRK) PT Set at €112.00 by Bankhaus Lampe

The Merck KGaA (MRK) PT Set at €112.00 by Bankhaus Lampe

Merck KGaA (FRA:MRK) received a €112.00 ($123.08) price objective from research analysts at Bankhaus Lampe in a note issued to investors on Friday. The brokerage currently has a a “buy” rating on the stock.

MRK has been the subject of a number of other research reports. BNP Paribas set a €114.00 ($125.27) price target on Merck KGaA and gave the stock a “buy” rating in a research report on Friday, September 30th. Citigroup Inc. set a €115.00 ($126.37) price target on Merck KGaA and gave the stock a “buy” rating in a research report on Thursday, September 29th. Commerzbank AG set a €101.00 ($110.99) price objective on Merck KGaA and gave the stock a “buy” rating in a research note on Tuesday, August 30th. Bank of America Corp. set a €115.00 ($126.37) price objective on Merck KGaA and gave the stock a “buy” rating in a research note on Thursday, September 8th. Finally, Independent Research GmbH set a €99.00 ($108.79) price objective on Merck KGaA and gave the stock a “neutral” rating in a research note on Friday, July 22nd. One equities 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 company’s stock. Merck KGaA currently has a consensus rating of “Hold” and an average price target of €101.19 ($111.19).

Shares of Merck KGaA (FRA:MRK) opened at 97.20 on Friday. The firm’s 50-day moving average is €95.83 and its 200-day moving average is €90.34. Merck KGaA has a 1-year low of €70.87 and a 1-year high of €100.00. The firm has a market cap of €42.26 billion and a P/E ratio of 30.41.

Related posts

Leave a Comment