Merlin Entertainments (LON:MERL)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank in a research note issued to investors on Monday.
Several other research firms have also recently commented on MERL. Morgan Stanley reissued an “overweight” rating and set a GBX 470 ($6.49) price target on shares of Merlin Entertainments in a research note on Wednesday, November 1st. Liberum Capital reissued a “hold” rating and set a GBX 382 ($5.28) price target (down from GBX 515 ($7.12)) on shares of Merlin Entertainments in a research note on Monday, November 20th. Barclays reissued an “overweight” rating and set a GBX 480 ($6.63) price target on shares of Merlin Entertainments in a research note on Thursday, November 16th. Peel Hunt cut their price objective on shares of Merlin Entertainments from GBX 530 ($7.32) to GBX 450 ($6.22) and set a “buy” rating on the stock in a report on Tuesday, December 19th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Merlin Entertainments from GBX 385 ($5.32) to GBX 395 ($5.46) and gave the company a “neutral” rating in a report on Friday, January 12th. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company’s stock. Merlin Entertainments presently has an average rating of “Buy” and an average price target of GBX 461.60 ($6.38).
Shares of Merlin Entertainments (LON MERL) opened at GBX 353.20 ($4.88) on Monday. Merlin Entertainments has a 52 week low of GBX 317.10 ($4.38) and a 52 week high of GBX 537.50 ($7.43). The company has a market cap of $3,600.00 and a P/E ratio of 1,681.90.
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About Merlin Entertainments
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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