Joh. Berenberg Gossler & Co. KG announced Merck (ETR:MRK), boosting its stock price target to 101.00EUR today
- Updated: October 16, 2016
In a report released on 10/17/2016 Joh. Berenberg Gossler & Co. KG increased the stock price target of Merck (ETR:MRK) to 101.00EUR reporting a possible upside of 0.03%.
Previously on 10/16/2016, Joh. Berenberg Gossler & Co. KG released a statement about Merck (ETR:MRK) increased the target price from 0.00EUR to 101.00EUR. At the time, this indicated a possible upside of 0.03%.
Just yesterday Merck (ETR:MRK) traded -0.59% lower at 97.63EUR. 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% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 12,204,208 shares of MRK traded hands, 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 brokers have released a report on Merck. Two analysts rating the company a strong buy, 7 firms rating the stock a buy, 13 brokers rating the stock a hold, 0 analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a one year 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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