BNP PARIBAS disclosed Merck (ETR:MRK), hiking its price target to 114.00EUR earlier today
- Updated: October 2, 2016
Having a price of 95.86EUR, Merck (ETR:MRK) traded 0.81% higher on the day. With the last close up 7.55% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. MRK has recorded a 50-day average of 62.76EUR and a two hundred day average of 58.03EUR. Trade Volume was up over the average, with 13,605,282 shares of MRK changing hands over the typical 9,682,570
Reporting a potential upside of 0.19%, BNP PARIBAS upped the price target of Merck (ETR:MRK) to 114.00EUR
On 10/02/2016, BNP PARIBAS released a statement on Merck (ETR:MRK) upped the target price from 0.00EUR to 114.00EUR that suggested an upside of 0.19%.
Recent Performance Chart
Merck has PE ratio of 34.23 with a one year low of 47.97EUR and a one year high of 64.00EUR and has a market cap of 0 EUR.
In addition to BNP PARIBAS reporting its stock price target, a total of 20 brokerages have issued a report on the stock. The consensus target price is 61.60EUR with two equity analysts rating the company a strong buy, seven analysts rating the company a buy, thirteen brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokers 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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