Merck (ETR:MRK) price target raised to 112.00EUR, released a ratings update earlier today by Bankhaus Lampe KG
- Updated: October 15, 2016
Reporting a possible upside of 0.15%, Bankhaus Lampe KG bumped up the price target of Merck (ETR:MRK) to 112.00EUR
Previously on 10/15/2016, Joh. Berenberg Gossler & Co. KG reported about Merck (ETR:MRK) upped the target price from 0.00EUR to 101.00EUR that indicated a possible upside of 0.03%.
Yesterday Merck (ETR:MRK) traded -0.59% lower at 97.63EUR. MRK’s 50-day average is 62.56EUR and its two hundred day average is 58.70EUR. The last stock close 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. 12,204,208 shares of Merck exchanged hands, up from an avg. volume of 10,128,900
Recent Performance Chart
With a market capitalization of 0 EUR, Merck has price-earnings ratio of 34.09 with a 52 week low of 47.97EUR and a 52 week high of 64.86EUR .
Also covering Merck's price target, a total of 20 equity analysts have released a ratings update on MRK. The one year target is 61.60EUR with 2 firms rating the stock a strong buy, seven brokerages rating the company a buy, 13 brokers rating the stock a hold, zero analysts rating the stock a underperform, and finally 0 equity analysts 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.