Merck KGaA (MRK) Given Average Rating of "Hold" by Analysts

Andrew Cummings
October 12, 2017

Credit Suisse Group reaffirmed an "outperform" rating and set a $74.00 price objective (down from $75.00) on shares of Merck & in a research report on Tuesday, September 5th. Also, Director C Robert Kidder sold 5,000 shares of the company's stock in a transaction that occurred on Friday, May 12th. A 13 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:MRK) or, if they already own its stock, sell it. The brokerage now has a "buy" rating on the stock. Finally, HSBC Holdings plc raised Merck & from a "reduce" rating to a "hold" rating in a research report on Wednesday, August 9th. (NYSE:MRK) earned "Sell" rating by Jefferies on Monday, July 17. Morgan Stanley downgraded the shares of MRK in report on Saturday, March 5 to "Underweight" rating. (NYSE:MRK) on Friday, April 15 with "Hold" rating.

Strategic Global Advisors Llc decreased its stake in Merck & Co Inc (MRK) by 19.59% based on its latest 2017Q2 regulatory filing with the SEC. Cobblestone Capital Advisors Llc sold 58,991 shares as Cerner Corp (CERN)'s stock rose 14.16%.

General American Investors Company Inc decreased Merck & Co.


The company had seen its current volume reaching at 0.97 million shares in the last trade. About shares traded. SEI Investments Company (SEIC) has risen 1.87% since October 10, 2016 and is uptrending. It has outperformed by 4.02% the S&P500. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.89%. The company had a trading volume of 10,096,148 shares.

Investors sentiment decreased to 1.91 in Q2 2017. Its down 0.06, from 0.93 in 2017Q1. JMP Securities upgraded the shares of TRUE in report on Monday, January 9 to "Mkt Outperform" rating. Duncker Streett And, Missouri-based fund reported 1,160 shares. Peak Asset Mngmt Ltd Liability Corporation reported 15,537 shares. Geode Capital Management Ltd has 3.38 million shares. 809.06 million shares or 1.28% less from 819.57 million shares in 2017Q1 were reported. Renaissance Ltd Liability invested in 0.02% or 978,900 shares. (NYSE:MRK) to report earnings on October, 27 before the open. Corporate insiders own 0.05% of the company's stock. Geode Capital Mgmt Ltd Com, a Massachusetts-based fund reported 575,577 shares. First Long Island Invsts Limited Liability invested in 3,843 shares or 0.04% of the stock. The company reported $1.01 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.87 by $0.14. Equities research analysts expect that Merck & Company, Inc. will post $3.87 EPS for the current fiscal year. MRK's profit will be $2.81B for 15.65 P/E if the $1.03 EPS becomes a reality. The institutional investor held 481,548 shares of the technology company at the end of 2017Q2, valued at $9.60M, up from 364,035 at the end of the previous reported quarter. The volume of 5.45 Million shares climbed down over an trading activity of 7.74 Million shares. On Tuesday, May 23 FEDERIGHI CRAIG sold $9.91 million worth of Apple Inc. Meristem LLP increased its stake in shares of Merck & Co.by 4.4% in the third quarter. Cortese Denis A. also sold $99,805 worth of Cerner Corporation (NASDAQ:CERN) on Thursday, May 4. About 80,508 shares traded. Shares for $297,574 were sold by Dillman Linda M on Monday, May 22. Merck & comprises approximately 1.4% of Exchange Capital Management Inc.'s holdings, making the stock its 26th biggest position. Therefore 38% are positive. Merck & Co. Inc. had 52 analyst reports since August 13, 2015 according to SRatingsIntel. (MRK) now has 2.74 million shares outstanding, which means that its market capitalization is $175.45B. The firm has "Buy" rating given on Thursday, July 27 by Canaccord Genuity.

UBS Group AG (UBS) stock moved with shift of -0.53% in the past week. The firm has "Sell" rating given on Thursday, May 25 by Jefferies. The rating was maintained by BMO Capital Markets on Wednesday, July 19 with "Buy". During the past six months, Merck & Co., Inc. The company was maintained on Sunday, July 9 by Cantor Fitzgerald. The company was initiated on Wednesday, October 21 by Avondale.


The company also recently declared a quarterly dividend, which was paid on Friday, October 6th. 129 funds opened positions while 634 raised stakes. Fiduciary Trust stated it has 0.9% in Merck KGaA (ETR:MRK). Old Mutual Invsts (Uk) Ltd reported 0.06% in TrueCar Inc (NASDAQ:TRUE). Beck Mack And Oliver Ltd Liability reported 612,999 shares. The stock's price is 63.72 and their relative strength index (RSI) stands at 40.16. 83,426 are owned by Sva Plumb Wealth Mgmt Lc. Swedbank accumulated 3.64 million shares.

Roumell Asset Management Llc holds 3.58% of its portfolio in Hallmark Financial Services, Inc. for 144,100 shares. Vnbtrust Natl Association reported 11,415 shares stake.

The consensus recommendation - averaging the work of 21 analysts - of 2.3 for Merck & Co., Inc. More interesting news about Merck & Co., Inc. Jacobus Wealth Incorporated owns 6,675 shares. Lynch & In owns 93,683 shares. The corporation has a market cap of US$175.45 Billion.


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