Merck (ETR:MRK) stock price target increased to 101.00EUR, issued a research note today by Commerzbank AG
- Updated: October 14, 2016
Commerzbank AG raised the target price of Merck (ETR:MRK) to 101.00EUR stating a potential upside of 0.03%.
Previously on 10/04/2016, BNP PARIBAS reported on Merck (ETR:MRK) increased the target price from 0.00EUR to 114.00EUR. At the time, this indicated a possible upside of 0.19%.
Just yesterday Merck (ETR:MRK) traded -0.59% lower at 97.63EUR. MRK’s 50-day average is 62.57EUR and its two hundred day average is 58.63EUR. The last stock close price is up 5.98% 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 the stock traded hands, up from an average trading volume of 10,050,800
Recent Performance Chart
Merck has PE ratio of 34.09 with a one year low of 47.97EUR and a one year high of 64.86EUR and has a market capitalization of 0 EUR.
A total of 20 firms have reported on the stock. 2 brokers rating the company a strong buy, seven analysts rating the company a buy, thirteen brokerages rating the company a hold, zero brokers rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of 61.60EUR.
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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