A report released today by Bankhaus Lampe KG about Merck (ETR:MRK) ups the target price to 112.00EUR
- Updated: October 14, 2016
Boasting a price of 97.63EUR, Merck (ETR:MRK) traded -0.59% lower on the day. With the last close up 5.98% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of 62.57EUR and a 200-day moving average of 58.63EUR. 12,204,208 shares of the stock were exchanged, up from an avg. volume of 10,050,800
Indicating a potential upside of 0.15%, Bankhaus Lampe KG upped the price target of Merck (ETR:MRK) to 112.00EUR
On 10/04/2016, BNP PARIBAS released a statement for Merck (ETR:MRK) increased the target price from 0.00EUR to 114.00EUR that suggested an upside of 0.19%.
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With a total market value of 0 EUR, Merck has PE ratio of 34.09 with a one year low of 47.97EUR and a one year high of 64.86EUR .
Also covering Merck's price target, a total of 20 analysts have released a report on MRK. The one year target is 61.60EUR with two equity analysts rating the stock a strong buy, 7 brokerages rating the company a buy, 13 brokers rating the stock a hold, zero analysts rating the company a underperform, and finally 0 firms rating the company a sell.
Brief Synopsis About Merck (ETR:MRK)
Merck KGaA is a Germany-based company engaged in the pharmaceutical industry. The Company diversifies its activities into four business divisions: Merck Serono; Consumer Health; Merck Millipore, and Performance Materials. Within the Merck Serono division, the Company focuses on therapeutic areas and prescription drugs of chemical and biotechnological origin. The Consumer Health division comprises the over-the-counter products for preventive health care and self-treatment of minor ailments. The Merck Serono and Consumer Health divisions form together the Company's Pharmaceutical business sector. The Merck Millipore division comprises the activities of the Millipore Corporation. The Performance Materials division consists mainly of the Liquid Crystals and Pigments & Cosmetics business units. The Company operates through numerous subsidiaries, including Peer+ BV, AZ Electronic Materials (AZ) and Ormet Circuits Inc., a material supplier for the semiconductor industry.
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