Merlin Entertainments (LON:MERL)‘s stock had its “buy” rating reiterated by research analysts at Numis Securities in a research note issued to investors on Tuesday. They currently have a GBX 454 ($6.27) target price on the stock. Numis Securities’ price objective would suggest a potential upside of 35.48% from the company’s previous close.
A number of other brokerages have also recently weighed in on MERL. Barclays restated an “overweight” rating and issued a GBX 480 ($6.63) price objective on shares of Merlin Entertainments in a report on Thursday, November 16th. Morgan Stanley lowered their price target on shares of Merlin Entertainments from GBX 580 ($8.01) to GBX 470 ($6.49) and set an “overweight” rating for the company in a report on Wednesday, October 18th. Peel Hunt lowered their price target on shares of Merlin Entertainments from GBX 450 ($6.22) to GBX 375 ($5.18) and set a “buy” rating for the company in a report on Monday, February 5th. Goldman Sachs Group lowered their price target on shares of Merlin Entertainments from GBX 470 ($6.49) to GBX 400 ($5.53) and set a “neutral” rating for the company in a report on Friday, October 20th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Merlin Entertainments from GBX 385 ($5.32) to GBX 395 ($5.46) and gave the stock a “neutral” rating in a report on Friday, January 12th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 462.43 ($6.39).
Merlin Entertainments (MERL) opened at GBX 335.10 ($4.63) on Tuesday. The firm has a market cap of $3,430.00 and a P/E ratio of 1,595.71. Merlin Entertainments has a twelve month low of GBX 317.10 ($4.38) and a twelve month high of GBX 537.50 ($7.43).
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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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