The Berenberg Bank Analysts Give Merck KGaA (MRK) a €101.00 Price Target

The Berenberg Bank Analysts Give Merck KGaA (MRK) a €101.00 Price Target

Berenberg Bank set a €101.00 ($108.60) target price on Merck KGaA (FRA:MRK) in a research note issued to investors on Tuesday morning. The firm currently has a neutral rating on the stock.

A number of other research firms also recently issued reports on MRK. Nord/LB set a €112.00 ($120.43) target price on Merck KGaA and gave the stock a buy rating in a research report on Friday, August 5th. DZ Bank AG reissued a buy rating on shares of Merck KGaA in a research report on Friday, August 5th. Societe Generale set a €97.00 ($104.30) target price on Merck KGaA and gave the stock a neutral rating in a research report on Friday, August 5th. equinet AG set a €85.00 ($91.40) target price on Merck KGaA and gave the stock a buy rating in a research report on Thursday, August 4th. Finally, S&P Global Inc. set a €103.00 ($110.75) price target on Merck KGaA and gave the company a neutral rating in a research report on Thursday, August 4th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the company’s stock. Merck KGaA presently has an average rating of Hold and an average target price of €102.28 ($109.98).

Merck KGaA (FRA:MRK) opened at 95.51 on Tuesday. The company has a market capitalization of €41.57 billion and a P/E ratio of 27.94. The firm has a 50-day moving average price of €95.35 and a 200 day moving average price of €93.50. Merck KGaA has a 52-week low of €70.87 and a 52-week high of €100.00.

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