Fintel reports that on December 20, 2024, BMO Capital downgraded their outlook for Merck (XTRA:6MK) from Outperform to Market Perform.
Analyst Price Forecast Suggests 33.30% Upside
As of December 3, 2024, the average one-year price target for Merck is 126,77 €/share. The forecasts range from a low of 96,09 € to a high of 154,84 €. The average price target represents an increase of 33.30% from its latest reported closing price of 95,10 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Merck is 62,221MM, a decrease of 1.51%. The projected annual non-GAAP EPS is 8.65.
What is the Fund Sentiment?
There are 5,115 funds or institutions reporting positions in Merck. This is an increase of 4 owner(s) or 0.08% in the last quarter. Average portfolio weight of all funds dedicated to 6MK is 0.46%, an increase of 41.43%. Total shares owned by institutions decreased in the last three months by 0.29% to 2,200,989K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 80,363K shares representing 3.18% ownership of the company. In its prior filing, the firm reported owning 80,020K shares , representing an increase of 0.43%. The firm decreased its portfolio allocation in 6MK by 13.48% over the last quarter.
Wellington Management Group Llp holds 75,809K shares representing 3.00% ownership of the company. In its prior filing, the firm reported owning 72,482K shares , representing an increase of 4.39%. The firm decreased its portfolio allocation in 6MK by 86.80% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 66,387K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 65,007K shares , representing an increase of 2.08%. The firm decreased its portfolio allocation in 6MK by 13.79% over the last quarter.
Geode Capital Management holds 59,155K shares representing 2.34% ownership of the company. In its prior filing, the firm reported owning 57,021K shares , representing an increase of 3.61%. The firm decreased its portfolio allocation in 6MK by 54.04% over the last quarter.
Bank Of America holds 38,868K shares representing 1.54% ownership of the company. In its prior filing, the firm reported owning 39,280K shares , representing a decrease of 1.06%. The firm decreased its portfolio allocation in 6MK by 78.58% over the last quarter.
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