Merck (ETR:MRK) target increased to 101.00EUR, issued a research note today by Joh. Berenberg Gossler & Co. KG
- Updated: October 15, 2016
Stating a potential upside of 0.03%, Joh. Berenberg Gossler & Co. KG upped the price target of Merck (ETR:MRK) to 101.00EUR
On 10/15/2016, Joh. Berenberg Gossler & Co. KG released a statement on Merck (ETR:MRK) upped the target price from 0.00EUR to 101.00EUR that suggested an upside of 0.03%.
Boasting a price of 97.63EUR, Merck (ETR:MRK) traded -0.59% lower on the day. 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 period. MRK has recorded a 50-day average of 62.56EUR and a two hundred day average of 58.70EUR. 12,204,208 shares of the stock were exchanged, up from an average trading volume of 10,128,900
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Merck has a price-earnings ratio of 34.09 with a one year low of 47.97EUR and a one year high of 64.86EUR MRK’s total market value is presently 0 EUR.
A total of 20 analysts have released a research note on Merck. Two equity analysts rating the company a strong buy, 7 brokers rating the stock a buy, 13 firms rating the company a hold, zero brokers rating the stock a underperform, and finally 0 analysts rating the company a sell with a 12-month price target of 61.60EUR.
More 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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