Shares of Merlin Entertainments PLC (LON:MERL) have been given an average rating of “Buy” by the sixteen ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 474.86 ($6.67).
MERL has been the subject of a number of analyst reports. Barclays restated an “overweight” rating and issued a GBX 480 ($6.74) price target on shares of Merlin Entertainments in a research note on Thursday, November 16th. Morgan Stanley decreased their price target on Merlin Entertainments from GBX 580 ($8.14) to GBX 470 ($6.60) and set an “overweight” rating for the company in a research note on Wednesday, October 18th. Numis Securities restated an “add” rating and issued a GBX 553 ($7.77) price target on shares of Merlin Entertainments in a research note on Monday, October 16th. Goldman Sachs Group decreased their price target on Merlin Entertainments from GBX 470 ($6.60) to GBX 400 ($5.62) and set a “neutral” rating for the company in a research note on Friday, October 20th. Finally, JPMorgan Chase & Co. raised their price target on Merlin Entertainments from GBX 385 ($5.41) to GBX 395 ($5.55) and gave the company a “neutral” rating in a research note on Friday, January 12th.
Merlin Entertainments (LON MERL) opened at GBX 330 ($4.63) on Friday. The firm has a market capitalization of $3,360.00 and a P/E ratio of 1,571.43. Merlin Entertainments has a one year low of GBX 325.20 ($4.57) and a one year high of GBX 537.50 ($7.55).
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Merlin Entertainments Company Profile
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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