Peel Hunt reiterated their buy rating on shares of Merlin Entertainments PLC (LON:MERL) in a research report report published on Tuesday, October 17th. The brokerage currently has a GBX 530 ($6.99) price objective on the stock.
A number of other research analysts have also weighed in on the stock. Barclays PLC reiterated an overweight rating and issued a GBX 575 ($7.59) price objective on shares of Merlin Entertainments PLC in a research note on Thursday, August 31st. Citigroup Inc. reissued a buy rating and issued a GBX 565 ($7.46) price target on shares of Merlin Entertainments PLC in a report on Friday, October 6th. Morgan Stanley reissued an overweight rating and issued a GBX 580 ($7.65) price target on shares of Merlin Entertainments PLC in a report on Tuesday, September 5th. Liberum Capital reissued a hold rating and issued a GBX 515 ($6.80) price target on shares of Merlin Entertainments PLC in a report on Tuesday, July 11th. Finally, HSBC Holdings plc reissued a buy rating and issued a GBX 560 ($7.39) price target on shares of Merlin Entertainments PLC in a report on Wednesday, September 6th. One research analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. Merlin Entertainments PLC currently has an average rating of Buy and an average price target of GBX 495.57 ($6.54).
Shares of Merlin Entertainments PLC (LON:MERL) traded up 2.27% during midday trading on Tuesday, hitting GBX 377.70. The stock had a trading volume of 4,824,122 shares. The firm’s market capitalization is GBX 3.85 billion. Merlin Entertainments PLC has a one year low of GBX 355.00 and a one year high of GBX 537.50. The firm’s 50-day moving average price is GBX 435.15 and its 200-day moving average price is GBX 472.73.
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In other Merlin Entertainments PLC news, insider Anne-Francoise Nesmes acquired 5,500 shares of the business’s stock in a transaction on Thursday, October 19th. The shares were acquired at an average price of GBX 369 ($4.87) per share, for a total transaction of £20,295 ($26,781.47). Also, insider Ken J. Hydon acquired 30,000 shares of the business’s stock in a transaction on Monday, October 23rd. The stock was acquired at an average price of GBX 376 ($4.96) per share, for a total transaction of £112,800 ($148,851.94).
About Merlin Entertainments PLC
Merlin Entertainments plc is a United Kingdom-based entertainment company. The Company operates through three business segments: Midway Attractions, LEGOLAND Parks and Resort Theme Parks. Its products include Midway attractions, which are smaller, indoor attractions located in city centers or resorts, and Theme parks, which are larger multi-day destination venues, with on-site themed accommodation.
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