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Commerzbank AG recorded Merck (ETR:MRK), boosting its price target to 101.00EUR earlier today

Yesterday Merck (ETR:MRK) traded -0.59% lower at 97.63EUR. The company’s 50-day moving average is 62.57EUR and its 200-day moving average is 58.63EUR. The last stock close price is up 5.98% from the 200-day moving average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trade Volume was up over the average, with 12,204,208 shares of MRK changing hands over the typical 10,050,800

Commerzbank AG upped the target price of Merck (ETR:MRK) to 101.00EUR reporting a possible upside of 0.03%.

Previously on Friday October 14, 2016, Joh. Berenberg Gossler & Co. KG reported on Merck (ETR:MRK) increased the target price from 0.00EUR to 101.00EUR. At the time, this indicated a possible upside of 0.03%.

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Merck (ETR:MRK)

Merck has PE ratio of 34.09 with a one year low of 47.97EUR and a one year high of 64.86EUR and has a market capitalization of 0 EUR.

A total of 20 firms have reported on the company. 2 brokers rating the stock a strong buy, seven analysts rating the company a buy, 13 firms rating the stock a hold, zero equity analysts rating the company a underperform, and finally 0 brokers 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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