Merck KGaA (MRK) PT Set at €103.00 by Morgan Stanley

Author

24 May, 2017

Shares of Merck KGaA (FRA:MRK) opened at 111.40 on Monday. Beese Fulmer Investment Management Inc. now owns 46,220 shares of the company's stock valued at $2,885,000 after buying an additional 1,102 shares in the last quarter. Oppenheimer & Communications invested 0.51% in Merck & Co., Inc.

Merck & Co. (NYSE:MRK) has insider ownership of 0.05% and institutional ownership of 74.10%. About 5.70 million shares traded. (NYSE:MRK) with a price target of $51.00. It has outperformed by 0.16% the S&P500.

Bridges Investment Counsel Inc. raised its stake in shares of Merck & Co., Inc. The stock of Merck & Co., Inc. Evergreen Capital Management LLC now owns 4,091 shares of the company's stock valued at $255,000 after buying an additional 506 shares in the last quarter. Inc. now has $177.27B valuation. Company insiders own 0.05% of the company's stock. About 49,831 shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since May 23, 2016 and is uptrending. It has underperformed by 11.43% the S&P500. Leerink Swann analyst S. Fernandez now forecasts that the company will earn $3.81 per share for the year, up from their prior forecast of $3.80. (NYSE:MRK) last released its earnings results on Tuesday, May 2nd. They expect $0.15 EPS, up 66.67% or $0.06 from last year's $0.09 per share. MRK's profit will be $2.42 billion for 18.32 P/E if the $0.88 EPS becomes a reality. KBC Group NV increased its stake in Merck & Co.by 32.7% in the third quarter.

Among 17 analysts covering Merck & Co. Inc. had 35 analyst reports since August 13, 2015 according to SRatingsIntel.

There are 2 sell ratings, 7 hold ratings, 10 buy ratings on the stock.

Merck & Co, Inc is a global healthcare company.

MRK has been the topic of a number of other research reports. (NYSE:MRK) on Monday, May 9 with "Neutral" rating. The rating was initiated by Societe Generale on Wednesday, April 6 with "Buy". Fred Alger Mgmt has 0% invested in Merck & Co., Inc. (NYSE:MRK) on Thursday, January 12 to "Overweight" rating. The company was upgraded on Thursday, January 12 by Morgan Stanley.

5/24/2017-Jefferies Group LLC Reiterated Rating of Sell. (NYSE:MRK) for 54,367 shares. Finally, Amtrust Financial Services Inc. bought a new position in shares of Merck & Co. during the fourth quarter worth about $1,006,000. State Of Alaska Department Of Revenue owns 31,562 shares.

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.05, from 1.05 in 2016Q3. Hamel Assocs has 82,127 shares.

On 2/6/2017 Wendell P Weeks, Director, sold 5,000 with an average share price of $64.51 per share and the total transaction amounting to $322,550.00. Lba Wealth Ltd holds 0.09% or 2,735 shares in its portfolio.

TRADEMARK VIOLATION NOTICE: "Merck & Co., Inc". 20,608 were reported by Enterprise Service. Independent Franchise Ltd Liability Partnership accumulated 8.39M shares or 4.96% of the stock. Merck & Co., Inc. has a 12-month low of $55.10 and a 12-month high of $66.80. (NYSE:MRK). Barbara Oil Com invested in 62,295 shares. Carlson Cap Mngmt holds 0.07% of its portfolio in Merck & Co., Inc. (NYSE:MRK) for 9,700 shares. Therefore 53% are positive.

Analysts await Netflix, Inc.

On 5/24/2016 Merck & Co. announced a quarterly dividend of $0.46 3.25% with an ex dividend date of 6/13/2016 which will be payable on 7/8/2016. (NYSE:MRK) earned "Market Perform" rating by Cowen & Co on Wednesday, April 12. Citigroup initiated the shares of AMGN in report on Thursday, February 25 with "Neutral" rating. (NYSE:MRK) earned "Buy" rating by Berenberg on Tuesday, November 24. The stock of Amgen, Inc. On Thursday, November 5 the stock rating was upgraded by Piper Jaffray to "Overweight".

2/24/2017-Sanford C. Bernstein Reiterated Rating of Market Perform. (NYSE:MRK) on Wednesday, September 30 with "Hold" rating. Intellectus Partners LLC bought a new stake in shares of Merck & Co. during the fourth quarter valued at about $103,000. Akamai Technologies Inc (NASDAQ:AKAM) was reduced too.

Investors sentiment increased to 1.1 in 2016 Q4. Its down 0.17, from 1.43 in 2016Q3. It dropped, as 98 investors sold AMGN shares while 488 reduced holdings. 120 funds opened positions while 190 raised stakes. 561.98 million shares or 1.23% less from 568.98 million shares in 2016Q3 were reported. Menta Cap Limited Liability has invested 0.19% in Netflix, Inc. (NASDAQ:NFLX) for 155 shares. (NYSE:MRK) for 3,533 shares. Winfield Assoc owns 0.01% invested in Netflix, Inc. (NASDAQ:AMGN) for 23,014 shares. Virginia Retirement Et Al stated it has 0.01% in MGE Energy, Inc. Putnam Fl Investment Mngmt Com has 14,292 shares. (NASDAQ:AMGN). State Of New Jersey Common Pension Fund D invested in 0.25% or 391,355 shares. (NASDAQ:AMGN) for 15,561 shares. Sei Invests Com stated it has 1,135 shares or 0% of all its holdings. Massachusetts Ma stated it has 2.20 million shares. Beacon Tru has invested 1.43% in Amgen, Inc. Private Na holds 0.21% of its portfolio in Amgen, Inc. Hollencrest Securities Lc holds 0.09% or 4,705 shares.

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