The return of higher trading volumes and volatility could reflect theoretically the starting point of the return of a new upward move for shares in Merck & Co., Inc.. The upward movement can be expected to continue. Investors have an opportunity to buy the stock and target the $ 83.5.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
With a P/E ratio at 13.73 for the current year and 12.34 for next year, earnings multiples are highly attractive compared with competitors.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Stock prices approach a strong long-term resistance in weekly data at USD 78.78.
The group usually releases earnings worse than estimated.
The underlying tendency is negative on the weekly chart below the resistance at 78.78 USD
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