Stock price movements
Merck (MRK) closed at $78.19 on May 10, 0.18% below its previous close, 36.01% above its 52-week low of $57.49, and 6.75% below its 52-week high of $83.85. The company’s market capitalization was $204.55 billion, and its PE, forward PE, PEG (PE-to-growth), PS (price-to-sales), PB (price-to-book), and PC (price-to-cash) ratios were 33.60x, 14.92x, 3.38x, 4.84x, 7.66x, and 23.08x, respectively.
Merck’s 14-day RSI (relative strength index) score is 48.06. It has 2.62 billion outstanding shares and a short float ratio of 0.86%.
AbbVie (ABBV) closed at $77.45 on May 10, 0.59% below its previous close, 2.22% above its 52-week low of $75.77, and 27.79% below its 52-week high of $107.25. The company’s market capitalization was $114.70 billion, and its PE, forward PE, PEG, PS, and PC ratios were 21.85x, 8.20x, 2.86x, 3.51x, and 14.23x, respectively. AbbVie’s 14-day RSI score is 38.80. It has 1.48 billion outstanding shares and a short float ratio of 1.87%.
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Analysts’ recommendations and target price
Most analysts covering Merck recommend “buy,” and most covering AbbVie recommend “hold.” Their 12-month target price for Merck stock rose from $84.02 in February to $85.52 in March, $86.79 in April, and $88.07 in May, which implies a 12.64% upside based on the stock’s May 10 closing price. Of the 17 analysts covering Merck, six recommend “strong buy,” eight recommend “buy,” and three recommend “hold.”
Analysts’ 12-month target price for Abbvie was reduced from $93 in February to $92.18 in March and April, and $89.73 in May, which implies a 15.86% upside based on the stock’s May 10 closing price. Of the 17 analysts covering AbbVie, one recommends “strong buy,” three recommend “buy,” 11 recommend “hold,” one recommends “sell,” and one recommends “strong sell.”