A report released today by Commerzbank AG about Merck (ETR:MRK) ups the target price to 101.00EUR
- Updated: October 15, 2016
In a report announced on 10/16/2016 Commerzbank AG raised the target price of Merck (ETR:MRK) to 101.00EUR reporting a possible upside of 0.03%.
Previously on Saturday October 15, 2016, Joh. Berenberg Gossler & Co. KG reported on Merck (ETR:MRK) raised the target price from 0.00EUR to 101.00EUR. At the time, this indicated a possible upside of 0.03%.
Yesterday Merck (ETR:MRK) traded -0.59% lower at 97.63EUR. The company’s 50-day moving average is 62.56EUR and its 200-day moving average is 58.70EUR. The last closing price is up 5.86% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 12,204,208 shares of the stock were exchanged, up from an average trading volume of 10,128,900
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Merck has a PE ratio of 34.09 with a one year low of 47.97EUR and a one year high of 64.86EUR Merck’s market capitalization is presently 0 EUR.
A total of 20 brokers have issued a research note on the company. Two brokerages rating the company a strong buy, 7 brokers rating the stock a buy, 13 firms rating the stock a hold, 0 brokerages rating the stock a underperform, and finally zero analysts rating the company a sell with a 12-month price target of 61.60EUR.
General Company Details For 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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