Merck (ETR:MRK) stock price target bumped up to 112.00EUR, released a research note earlier today by Bankhaus Lampe KG
- Updated: October 14, 2016
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 to the S&P 500 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 10,050,800
Stating a potential upside of 0.15%, Bankhaus Lampe KG upped the price target of Merck (ETR:MRK) to 112.00EUR
Previously on Friday October 14, 2016, Joh. Berenberg Gossler & Co. KG reported about Merck (ETR:MRK) raised 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 has a 52 week low of 47.97EUR and a 52 week high of 64.86EUR with a price-earnings ratio of 34.09 MRK’s total market value is presently 0 EUR.
A total of 20 equity analysts have released a ratings update on MRK. Two brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 13 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero brokerages 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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