UBS AG set a €120.00 ($139.53) price target on Merck KGaA (FRA:MRK) in a research report sent to investors on Thursday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the healthcare company’s stock.
A number of other equities analysts also recently weighed in on MRK. Kepler Capital Markets set a €115.00 ($133.72) target price on shares of Merck KGaA and gave the stock a buy rating in a research note on Monday, November 6th. Independent Research GmbH set a €103.00 ($119.77) target price on shares of Merck KGaA and gave the stock a neutral rating in a research note on Thursday. Berenberg Bank set a €116.00 ($134.88) target price on shares of Merck KGaA and gave the stock a buy rating in a research note on Thursday. J P Morgan Chase & Co set a €100.00 ($116.28) target price on shares of Merck KGaA and gave the stock a neutral rating in a research note on Wednesday. Finally, equinet AG set a €112.00 ($130.23) price target on shares of Merck KGaA and gave the stock a buy rating in a research note on Friday, November 3rd. Thirteen investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of €108.61 ($126.29).
Merck KGaA (MRK) opened at €89.79 ($104.41) on Thursday. Merck KGaA has a 12 month low of €89.00 ($103.49) and a 12 month high of €115.00 ($133.72).
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Merck KGaA Company Profile
MERCK Kommanditgesellschaft auf Aktien provides products in the healthcare, life science, and performance materials sectors worldwide. The company offers prescription medicines to treat colorectal cancer, head and neck tumors, multiple sclerosis, infertility, growth hormone disorders, cardiovascular disorders, diabetes, and thyroid disorders; diagnostics and prescription drugs for allergen immunotherapy; and biosimilars for oncology and inflammatory disorders.
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