Merck KGaA (OTCMKTS:MKGAY) Receives $252.50 Average PT from Analysts

Merck KGaA (OTCMKTS:MKGAYGet Rating) has been assigned a consensus recommendation of “Buy” from the seven research firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $252.50.

Several research firms recently weighed in on MKGAY. UBS Group raised shares of Merck KGaA from a “sell” rating to a “neutral” rating in a research report on Monday, February 28th. JPMorgan Chase & Co. dropped their target price on shares of Merck KGaA from €270.00 ($287.23) to €250.00 ($265.96) and set an “overweight” rating for the company in a report on Monday, March 14th.

Shares of MKGAY stock remained flat at $$38.36 on Friday. The business’s 50 day simple moving average is $38.36 and its two-hundred day simple moving average is $38.36. Merck KGaA has a 1 year low of $32.53 and a 1 year high of $42.02.

Merck KGaA Company Profile (Get Rating)

Merck KGaA is a science and technology company, which engages in the manufacture of pharmaceutical and chemical products. It operates through the following sectors: Healthcare, Life Science, Performance Materials and Corporate and Other. The Healthcare sector discovers, develops, and produces prescription medicines used to treat cancer, multiple sclerosis, and infertility.

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Analyst Recommendations for Merck KGaA (OTCMKTS:MKGAY)

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