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Merck & Co Inc has a consensus price target of $127.75 based on the ratings of 26 analysts. The high is $155 issued by Cantor Fitzgerald on October 3, 2024. The low is $104 issued by Societe Generale on March 11, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Guggenheim, and Wells Fargo on November 7, 2024, November 6, 2024, and November 1, 2024, respectively. With an average price target of $123.33 between Truist Securities, Guggenheim, and Wells Fargo, there's an implied 20.46% upside for Merck & Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Merck & Co (NYSE:MRK) was reported by Wolfe Research on November 15, 2024. The analyst firm set a price target for $0.00 expecting MRK to fall to within 12 months (a possible -100.00% downside). 42 analyst firms have reported ratings in the last year.
The latest analyst rating for Merck & Co (NYSE:MRK) was provided by Wolfe Research, and Merck & Co initiated their peer perform rating.
The last upgrade for Merck & Co Inc happened on January 4, 2024 when TD Cowen raised their price target to $135. TD Cowen previously had a market perform for Merck & Co Inc.
The last downgrade for Merck & Co Inc happened on March 11, 2024 when Societe Generale changed their price target from N/A to $104 for Merck & Co Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Merck & Co, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Merck & Co was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Merck & Co (MRK) rating was a initiated with a price target of $0.00 to $0.00. The current price Merck & Co (MRK) is trading at is $102.39, which is out of the analyst’s predicted range.
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