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Analysts & Consensus

Several banks and brokerages regularly cover Merck KGaA, Darmstadt, Germany, by publishing analyses, short reviews and updates.


VARA Consensus

Merck KGaA, Darmstadt, Germany, is covered by several renown sell-side analysts who make financial projections on the company. We authorize VARA Research to compile an accurate and up to date consensus of these various projections that are published once per quarter. Our company does not endorse these estimates and the figures are gathered independently by VARA Research.

The most recent analyst consensus provided by VARA Research is listed below.

in € Million
High Mean Low
Net sales 3,848.9
3,764.9
3,689.2
EBITDA (pre one-time items) 1)
1,110.5
1,051.7
1,003.7
EPS (pre one-time items) 1)
€ 1.57
€ 1.47
€ 1.36
in € Million
High Mean Low
Net sales 15,541.0
15,318.6
15,125.6
EBITDA (pre one-time items) 1)
4,412.5
4,379.1
4,322.3
EPS (pre one-time items) 1)
€ 6.41
€ 6.19
€ 6.08
       
  1) For reconciliation details on EBITDA (pre one-time items) and EPS (pre one-time items) see the quarterly financial statement of Merck KGaA, Darmstadt, Germany.
  Buy Hold  Sell Average
Target share price in €
117.31
100.70
n/a 109.12
  Analyst Recommendations   Analyst Recommendations
Analyst Recommendations

  Broker Analyst   Broker
Analyst
  Alphavalue Martin Schnee   HSBC Stephen McGarry
  Bankhaus Lampe
Volker Braun   Independent Research Bernhard Weininger
  Berenberg
Alistair Campbell   Invest Securities Martial Descoutures
  Bernstein Research Ronny Gal   JP Morgan Richard Vosser
  Bryan Garnier Hugo Solvet   Kepler Cheuvreux David Evans
 
BZ Bank
Holger Blum   Landesbank Baden-Wuerttemberg Timo Kuerschner
  Citigroup
Peter Verdult   M.M. Warburg & Co. Ulrich Huwald
  Commerzbank Daniel Wendorff   MainFirst Bank Marcus Wieprecht
  Credit Suisse  Matthew Weston   Merrill Lynch International Sachin Jain
  Deutsche Bank Gunnar Romer   Metzler Lars Hettche
  DZ Bank Peter Spengler   Mirabaud Nick Turner
  Equita SIM Gianmarco Bonacina   Morgan Stanley Vincent Meunier
  Equinet Marietta Miemietz  
Morningstar
Michael Waterhouse
  Exane BNP Paribas Simon Baker  
Norddeutsche Landesbank
Thorsten Strauß
  Goldman Sachs Tim Woodward  
Redburn Partners
Jonathan Beake
  Hamburger Sparkasse Marco Guenther  
Societe Generale
Florent Cespedes

Disclaimer

The Vara Research documents have been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.The details otherwise specified above are no more than the results of analyses, reports, studies, recommendations and assessments provided by third parties, particularly by analysts. The details are not based on research conducted by Merck KGaA, Darmstadt, Germany itself. Merck KGaA, Darmstadt, Germany has merely collected this data and information and would like to bring it to your attention, though without making its own recommendations or assessments. Note, in particular, that the above-mentioned details are not recommendations or offers to purchase or sell EMD shares or other financial instruments. Merck KGaA, Darmstadt, Germany does not necessarily share the conclusions, recommendations or views expressed by the analysts providing the details and does not confirm the correctness or the suitability of the above-mentioned details or of the underlying information. Merck KGaA, Darmstadt, Germany accepts no liability for the selection, quality, completeness, up-to-dateness or correctness of the assessments and recommendations specified therein. Merck KGaA, Darmstadt, Germany accepts no liability for damage arising from the information provided on this internet site.

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