Merck KGaA (OTCMKTS:MKKGY) Earns Buy Rating from Analysts at The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of Merck KGaA (OTCMKTS:MKKGY) in a report issued on Thursday morning, Marketbeat.com reports. The firm issued a buy rating on the stock.

Merck KGaA Stock Up 1.3 %

Shares of MKKGY stock opened at $37.32 on Thursday. Merck KGaA has a 12-month low of $28.59 and a 12-month high of $39.17. The business’s fifty day simple moving average is $36.40 and its 200-day simple moving average is $35.01.

About Merck KGaA

Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company's Life Science segment offers tools, chemicals, and equipment for academic labs, biotech, and pharmaceutical manufacturers, as well as industrial sector.