DZ BANK upgraded Merck (ETR:MRK) to Buy in a statement released earlier today.
- Updated: October 17, 2016
DZ BANK has upgraded Merck (ETR:MRK) to Buy in a report released on 10/18/2016.
Yesterday Merck (ETR:MRK) traded -0.59% lower at 97.08EUR. Merck’s 50-day moving average is 62.56EUR and its 200-day moving average is 58.70EUR. The last stock price is up 5.86% relative to the two hundred day average, compared with the S&P 500 Index 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
Recent Performance Chart
Merck has price-earnings ratio of 34.09 with a one year low of 47.97EUR and a one year high of 64.86EUR and has a total market value of 0 EUR.
A total of 20 brokerages have issued a ratings update on Merck. 2 brokers rating the stock a strong buy, 7 brokers rating the company a buy, thirteen analysts rating the company a hold, zero firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price 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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