Commerzbank set a €100.00 ($116.28) price target on Merck KGaA (FRA:MRK) in a research note issued to investors on Wednesday, September 12th. The brokerage currently has a buy rating on the healthcare company’s stock.
A number of other research analysts have also issued reports on MRK. Sanford C. Bernstein set a €105.00 ($122.09) price target on shares of Merck KGaA and gave the company a buy rating in a research note on Tuesday, July 3rd. Societe Generale set a €88.00 ($102.33) price target on shares of Merck KGaA and gave the company a neutral rating in a research note on Wednesday, July 4th. Berenberg Bank set a €104.00 ($120.93) price target on shares of Merck KGaA and gave the company a buy rating in a research note on Wednesday, July 4th. UBS Group set a €115.00 ($133.72) price target on shares of Merck KGaA and gave the company a buy rating in a research note on Tuesday, June 26th. Finally, Warburg Research set a €105.00 ($122.09) price objective on shares of Merck KGaA and gave the stock a buy rating in a research note on Tuesday, July 3rd. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of Hold and an average target price of €98.71 ($114.78).
Merck KGaA stock traded up €0.64 ($0.74) during mid-day trading on Wednesday, reaching €89.44 ($104.00). 621,983 shares of the company traded hands. Merck KGaA has a fifty-two week low of €76.60 ($89.07) and a fifty-two week high of €115.00 ($133.72).
Merck KGaA Company Profile
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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