Merck KGaA
MRK: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| SQV | LOCK|!#Z@ | LOCK|<#?KXGg |
Merck KGaA Earnings: Life Science Rebound Underway and 2024 Guidance Intact
Narrow-moat Merck KGaA turned in solid third-quarter results, and management stuck to its previous 2024 guidance ranges. We are maintaining our fair value estimate, and shares continue to trade moderately below fair value, in our view.
