Merck (ETR:MRK) target raised to 115.00EUR, issued a report today by Citigroup Corp.
- Updated: September 29, 2016
In a report issued 9/29/2016 Citigroup Corp. raised the target price of Merck (ETR:MRK) to 115.00EUR reporting a possible upside of 0.20%.
On 9/21/2016, 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 0.04%.
Boasting a price of 95.80EUR, Merck (ETR:MRK) traded -2.20% lower on the day. With the last close up 6.86% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of 62.81EUR and a two hundred day average of 57.94EUR. Volume of trade was up over the average, with 10,930,029 shares of MRK changing hands over the typical 9,602,160
With a market capitalization of 0 EUR, Merck has PE ratio of 33.96 with a one year low of 47.97EUR and a one year high of 64.00EUR .
A total of 20 brokers have released a research note on MRK. 2 analysts rating the company a strong buy, seven brokers rating the stock a buy, 13 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year target of 61.60EUR.
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.
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