Goldman Sachs Group Inc Analysts Set Merck KGaA (MRK) a €105.00 Target Price

Goldman Sachs Group Inc Analysts Set Merck KGaA (MRK) a €105.00 Target Price

Merck KGaA (FRA:MRK) has been assigned a €105.00 ($112.90) target price by investment analysts at Goldman Sachs Group Inc in a report released on Monday. The brokerage presently has a “neutral” rating on the stock.

Several other brokerages have also weighed in on MRK. Deutsche Bank AG set a €118.00 ($126.88) price objective on Merck KGaA and gave the company a “buy” rating in a report on Monday, February 20th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Merck KGaA in a report on Monday, February 27th. Warburg Research set a €110.00 ($118.28) price objective on Merck KGaA and gave the company a “buy” rating in a report on Wednesday, February 22nd. Morgan Stanley set a €103.00 ($110.75) price objective on Merck KGaA and gave the company a “neutral” rating in a report on Tuesday, February 21st. Finally, Citigroup Inc set a €116.00 ($124.73) price objective on Merck KGaA and gave the company a “buy” rating in a report on Thursday, January 12th. Fifteen equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Merck KGaA presently has an average rating of “Hold” and an average price target of €106.18 ($114.17).

Shares of Merck KGaA (FRA:MRK) opened at 103.40 on Monday. The company’s 50 day moving average price is €102.46 and its 200-day moving average price is €98.49. Merck KGaA has a 1-year low of €71.32 and a 1-year high of €105.50. The firm has a market cap of €44.96 billion and a price-to-earnings ratio of 27.60.

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