Trade Report: The Merck KGaA (OTCMKTS:MKGAY) Receives $59.60 Average PT from Analysts

The Merck KGaA (OTCMKTS:MKGAY) Receives $59.60 Average PT from Analysts

Merck KGaA (OTCMKTS:MKGAY) has received an average rating of “Hold” from the thirteen research firms that are presently covering the company. Seven analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $59.60.

Separately, Berenberg Bank cut Merck KGaA from a “buy” rating to a “hold” rating in a research note on Friday, August 12th.

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