Can Merck (MRK) Stock Continue Setting New Highs?

 

Merck & Co., Inc. (MRK) stock has risen 53.00% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives MRK stock a score of 83 out of a possible 100.

That score is primarily influenced by a long-term technical score of 97. MRK’s score also includes a short-term technical score of 94. The fundamental score for MRK stock is 58. In addition to the average rating from Wall Street analysts, MRK stock has a mean target price of $83.39. This means analysts expect the stock to increase 1.40% over the next 12 months.

What’s Happening with MRK Stock Today

Merck & Co., Inc. (MRK) stock is down -0.06% while the S&P 500 has risen 0.1% as of 11:43 AM on Thursday, Mar 28. MRK stock is down -$0.05 from the previous closing price of $82.29 on volume of 1,843,491 shares. Over the past year the S&P 500 is higher by 7.49% while MRK stock has risen 53.00%. MRK stock earned $2.33 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 35.35.

Get more analysis and trade ideas on Merck & Co., Inc. (MRK) stock.

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Symbols: MRK

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