A statement released earlier today by BNP PARIBAS about Merck (ETR:MRK) bumps the target price to 114.00EUR
- Updated: September 30, 2016
Boasting a price of 95.86EUR, Merck (ETR:MRK) traded 0.81% higher on the day. With the last close up 7.67% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Merck has recorded a 50-day average of 62.79EUR and a two hundred day average of 57.96EUR. Volume of trade was up over the average, with 13,605,282 shares of MRK changing hands over the typical 9,618,610
BNP PARIBAS bumped up the target of Merck (ETR:MRK) to 114.00EUR stating a potential upside of 0.19%.
On 09/29/2016, Citigroup Corp. released a statement on Merck (ETR:MRK) bumped up the target price from 0.00EUR to 115.00EUR that suggested an upside of 0.20%.
With a total market value of 0 EUR, Merck has price-earnings ratio of 34.23 with a one year low of 47.97EUR and a one year high of 64.00EUR .
A total of 20 brokers have reported on the stock. 2 equity analysts rating the company a strong buy, 7 analysts rating the company a buy, 13 brokers rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 analysts rating the company a sell with a 12-month price target of 61.60EUR.
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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