Merck & Company found using ticker (MRK) now have 20 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 125 and 85 calculating the mean target price we have 100.85. Given that the stocks previous close was at 85.59 this is indicating there is a potential upside of 17.8%. The day 50 moving average is 89.93 and the 200 day moving average is 84.25. The market cap for the company is $220,269m. You can visit the company’s website by visiting: https://www.merck.com
The potential market cap would be $259,541m based on the market concensus.
Merck & Co. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes, as well as vaccine products, such as preventive pediatric, adolescent, and adult vaccines. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions and services, as well as digitally connected identification, traceability, and monitoring products. It serves drug wholesalers and retailers, hospitals, and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers, and other institutions; and physicians and physician distributors, veterinarians, and animal producers. The company has collaborations with AstraZeneca PLC; Bayer AG; Eisai Co., Ltd.; Ridgeback Biotherapeutics; and Gilead Sciences to jointly develop and commercialize long-acting treatments in HIV. Merck & Co. was founded in 1891 and is headquartered in Kenilworth, New Jersey.
