Warburg Research set a €100.00 ($116.28) price target on Merck KGaA (FRA:MRK) in a research report released on Tuesday, October 16th. The brokerage currently has a neutral rating on the healthcare company’s stock.
A number of other brokerages have also commented on MRK. Berenberg Bank set a €104.00 ($120.93) price objective on shares of Merck KGaA and gave the stock a buy rating in a report on Thursday, August 9th. Goldman Sachs Group set a €92.00 ($106.98) price objective on shares of Merck KGaA and gave the stock a neutral rating in a report on Monday, September 24th. Nord/LB set a €82.00 ($95.35) target price on shares of Merck KGaA and gave the company a neutral rating in a research note on Thursday, August 9th. Deutsche Bank set a €91.00 ($105.81) target price on shares of Merck KGaA and gave the company a neutral rating in a research note on Monday, August 13th. Finally, Commerzbank set a €100.00 ($116.28) target price on shares of Merck KGaA and gave the company a buy rating in a research note on Wednesday, September 12th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the stock. Merck KGaA has an average rating of Hold and a consensus target price of €98.16 ($114.14).
Shares of FRA MRK traded down €0.38 ($0.44) during trading on Tuesday, hitting €94.86 ($110.30). 483,184 shares of the company traded hands. Merck KGaA has a 1 year low of €76.60 ($89.07) and a 1 year high of €115.00 ($133.72).
MERCK Kommanditgesellschaft auf Aktien, a science and technology company, operates in the healthcare, life science, and performance materials sectors worldwide. The company offers prescription medicines to treat infertility, growth hormone deficiencies, type 2 diabetes, cardiovascular and thyroid diseases, multiple sclerosis, colorectal cancer, as well as carcinoma of the head and neck; diagnostics and prescription drugs for allergen immunotherapy; and fertility treatments.
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