Commerzbank Ag Reiterates €109.00 Price Target for Merck KGaA (MRK)

Commerzbank Ag set a €109.00 ($128.24) price objective on Merck KGaA (FRA:MRK) in a research report report published on Wednesday. The firm currently has a neutral rating on the healthcare company’s stock.

Other analysts have also issued research reports about the stock. Nord/LB reiterated a neutral rating on shares of Merck KGaA in a research note on Wednesday, June 28th. equinet AG set a €91.00 ($107.06) target price on shares of Merck KGaA and gave the stock a neutral rating in a research note on Tuesday, April 25th. Credit Suisse Group set a €106.00 ($124.71) target price on shares of Merck KGaA and gave the stock a neutral rating in a research note on Wednesday, July 26th. DZ Bank AG reiterated a neutral rating on shares of Merck KGaA in a research note on Monday, May 29th. Finally, Kepler Capital Markets set a €119.00 ($140.00) target price on shares of Merck KGaA and gave the stock a buy rating in a research note on Monday, July 31st. One 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. Merck KGaA presently has an average rating of Hold and an average price target of €108.76 ($127.96).

Merck KGaA (FRA:MRK) opened at 92.091 on Wednesday. The company’s 50-day moving average is €99.73 and its 200 day moving average is €103.87. Merck KGaA has a one year low of €89.00 and a one year high of €115.00. The firm has a market cap of €40.04 billion and a PE ratio of 24.007.

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Merck KGaA Company Profile

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