Merck (ETR:MRK) stock price target raised to 97.00EUR, reported today by Societe Generale
- Updated: October 17, 2016
Merck (ETR:MRK) had its target price raised to 97.00EUR by Societe Generale in a report issued 10/18/2016. The updated stock price target implies persistent performance compared to the company's previous stock price.
Just yesterday Merck (ETR:MRK) traded -1.00% lower at 97.08EUR. Merck’s 50-day moving average is 62.53EUR and its 200-day moving average is 58.84EUR. The last closing price is up 4.56% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 13,054,599 shares of the stock traded hands, up from an average trading volume of 10,202,800
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Merck has a 52 week low of 47.97EUR and a one year high of 64.86EUR with a price-earnings ratio of 33.75 MRK’s total market value is presently 0 EUR.
A total of 20 analysts have released a report on Merck. Two analysts rating the company a strong buy, seven analysts rating the company a buy, thirteen firms rating the stock a hold, 0 firms 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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