Credit Suisse Group Analysts Give Merck KGaA (FRA:MRK) a €106.00 Price Target

Merck KGaA (FRA:MRK) has been given a €106.00 ($124.71) target price by equities research analysts at Credit Suisse Group in a research report issued to clients and investors on Wednesday, July 26th. The brokerage presently has a “neutral” rating on the healthcare company’s stock.

Several other research analysts have also recently issued reports on the stock. Deutsche Bank AG set a €106.00 ($124.71) price objective on shares of Merck KGaA and gave the company a “neutral” rating in a report on Wednesday, July 26th. J P Morgan Chase & Co set a €100.00 ($117.65) target price on shares of Merck KGaA and gave the company a “neutral” rating in a research note on Wednesday, July 26th. Berenberg Bank set a €110.00 ($129.41) target price on shares of Merck KGaA and gave the company a “neutral” rating in a research note on Wednesday, July 26th. DZ Bank AG reissued a “sell” rating on shares of Merck KGaA in a research note on Tuesday, July 18th. Finally, Warburg Research set a €116.00 ($136.47) target price on shares of Merck KGaA and gave the company a “neutral” rating in a research note on Friday, July 7th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of €108.76 ($127.96).

Merck KGaA (FRA:MRK) opened at 92.091 on Wednesday. The company’s 50 day moving average price is €99.73 and its 200 day moving average price is €103.87. The firm has a market capitalization of €40.04 billion and a P/E ratio of 24.007. Merck KGaA has a 12 month low of €89.00 and a 12 month high of €115.00.

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Merck KGaA Company Profile

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Analyst Recommendations for Merck KGaA (FRA:MRK)

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