Merlin Entertainments PLC (MERL) Given Overweight Rating at Barclays PLC
Barclays PLC restated their overweight rating on shares of Merlin Entertainments PLC (LON:MERL) in a research report sent to investors on Friday morning. Barclays PLC currently has a GBX 520 ($6.79) price target on the stock.
A number of other brokerages also recently commented on MERL. JPMorgan Chase & Co. lowered their target price on Merlin Entertainments PLC from GBX 464 ($6.06) to GBX 450 ($5.87) and set a neutral rating on the stock in a research note on Friday, August 12th. Panmure Gordon restated a buy rating and issued a GBX 515 ($6.72) target price on shares of Merlin Entertainments PLC in a research note on Wednesday, July 13th. Kepler Capital Markets boosted their target price on Merlin Entertainments PLC from GBX 420 ($5.48) to GBX 460 ($6.00) and gave the company a hold rating in a research note on Friday, July 29th. Finally, Beaufort Securities restated a buy rating on shares of Merlin Entertainments PLC in a research note on Friday, July 29th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of Buy and an average price target of GBX 474.30 ($6.19).
Shares of Merlin Entertainments PLC (LON:MERL) traded up 0.32% on Friday, hitting GBX 441.00. The stock had a trading volume of 3,801,661 shares. The firm’s 50-day moving average is GBX 476.71 and its 200 day moving average is GBX 453.82. Merlin Entertainments PLC has a 1-year low of GBX 316.79 and a 1-year high of GBX 494.90. The stock’s market cap is GBX 4.47 billion.
The firm also recently disclosed a dividend, which was paid on Monday, September 19th. Investors of record on Thursday, August 11th were given a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date was Thursday, August 11th. This represents a dividend yield of 0.47%.
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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