Brokerages Set Merck KGaA (FRA:MRK) PT at $109.33

Shares of Merck KGaA (FRA:MRK) have been given an average rating of “Hold” by the twenty-two ratings firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, fourteen have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is €109.25 ($128.53).

A number of research firms have recently weighed in on MRK. S&P Global set a €115.00 ($135.29) price target on Merck KGaA and gave the company a “neutral” rating in a report on Friday, May 19th. Credit Suisse Group set a €125.00 ($147.06) price target on Merck KGaA and gave the company a “buy” rating in a report on Monday, May 8th. Warburg Research set a €116.00 ($136.47) price target on Merck KGaA and gave the company a “neutral” rating in a report on Tuesday, June 20th. Deutsche Bank AG set a €106.00 ($124.71) price target on Merck KGaA and gave the company a “neutral” rating in a report on Wednesday, July 26th. Finally, Nord/LB set a €100.00 ($117.65) target price on Merck KGaA and gave the stock a “neutral” rating in a report on Thursday.

Merck KGaA (MRK) traded down 0.484% during mid-day trading on Friday, reaching €92.376. The company’s stock had a trading volume of 3,055 shares. The stock’s 50-day moving average is €101.69 and its 200-day moving average is €104.17. The firm has a market capitalization of €40.11 billion and a PE ratio of 25.753. Merck KGaA has a 12 month low of €89.00 and a 12 month high of €115.00.

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About Merck KGaA

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