A number of other analysts have also issued reports on MKGAY. BMO Capital Markets reissued a market perform rating on shares of Merck KGaA in a research note on Monday, July 18th. Jefferies Group reissued a hold rating and issued a $57.00 price target (up from $53.00) on shares of Merck KGaA in a research note on Wednesday, August 10th. Credit Suisse Group AG raised Merck KGaA from a neutral rating to an outperform rating and set a $73.00 price target on the stock in a research note on Wednesday, August 10th. Finally, Berenberg Bank lowered Merck KGaA from a buy rating to a hold rating in a research note on Friday, August 12th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of $65.00.
Merck KGaA (NASDAQ:MKGAY) opened at 36.27 on Friday. Merck KGaA has a one year low of $26.91 and a one year high of $37.16. The company has a 50-day moving average price of $35.72 and a 200-day moving average price of $33.82. The firm has a market capitalization of $47.36 billion and a P/E ratio of 30.60.
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