Merlin Entertainments PLC (MERL) Earns “Buy” Rating from Panmure Gordon
Panmure Gordon reiterated their buy rating on shares of Merlin Entertainments PLC (LON:MERL) in a report published on Thursday. Panmure Gordon currently has a GBX 515 ($6.72) price objective on the stock.
A number of other equities analysts have also recently commented on MERL. Barclays PLC reiterated an overweight rating and issued a GBX 500 ($6.53) target price on shares of Merlin Entertainments PLC in a research report on Thursday, June 2nd. JPMorgan Chase & Co. upgraded shares of Merlin Entertainments PLC to a neutral rating and lifted their target price for the stock from GBX 440 ($5.74) to GBX 464 ($6.06) in a research report on Wednesday, June 29th. Beaufort Securities reiterated a buy rating on shares of Merlin Entertainments PLC in a research report on Friday, July 29th. Finally, Kepler Capital Markets lifted their target price on shares of Merlin Entertainments PLC from GBX 420 ($5.48) to GBX 460 ($6.00) and gave the stock a hold rating in a research report on Friday, July 29th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Merlin Entertainments PLC currently has an average rating of Buy and an average target price of GBX 474.30 ($6.19).
Merlin Entertainments PLC (LON:MERL) opened at 449.60 on Thursday. The company has a 50-day moving average of GBX 475.86 and a 200 day moving average of GBX 453.86. The company’s market cap is GBX 4.56 billion. Merlin Entertainments PLC has a 12 month low of GBX 316.79 and a 12 month high of GBX 494.90.
The business also recently declared 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. This represents a dividend yield of 0.47%. The ex-dividend date of this dividend was Thursday, August 11th.
Merlin Entertainments PLC 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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