Stock Rating Upgrade
In the last week the Value Trend Rating for Merck & Co Inc (NYSE: MRK) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Merck & Co Inc (NYSE: MRK) stock declined slightly by -0.1% on 3/1/24. The stock closed at $126.96. However, this decline was accompanied by below average trading volume at 82% of normal. The stock has declined -1.8% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MRK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Merck has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Merck has a neutral Appreciation Score of 59 but a good Power Rating of 72, resulting in the Positive Value Trend Rating.
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