DZ BANK upgraded Merck (ETR:MRK) to Buy in a statement released earlier today.
- Updated: October 17, 2016
Showing a price of 97.08EUR, Merck (ETR:MRK) traded -0.59% lower on the day. With the last stock price close up 5.86% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. MRK has recorded a 50-day average of 62.56EUR and a two hundred day average of 58.70EUR. 12,204,208 shares of MRK traded hands, up from an avg. volume of 10,128,900
DZ BANK has upgraded Merck (ETR:MRK) to Buy in a report released on Monday October 17, 2016.
Previously on 10/16/2016, Joh. Berenberg Gossler & Co. KG released a statement about Merck (ETR:MRK) bumped up the target price from 0.00EUR to 101.00EUR that suggested an upside of 0.03%.
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Merck has a 52 week low of 47.97EUR and a 52 week high of 64.86EUR with a P/E ratio of 34.09 The company’s market cap is currently 0 EUR.
Also covering Merck's price target, a total of 20 analysts have released a report on Merck. The 12-month target price is 61.60EUR with 2 firms rating the stock a strong buy, 7 brokerages rating the stock a buy, 13 brokerages rating the stock a hold, 0 analysts rating the company a underperform, and finally 0 brokerages rating the stock a sell.
More 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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