Merlin Entertainments PLC (MERL) Earns Hold Rating from Shore Capital
Other equities research analysts also recently issued reports about the stock. Barclays PLC reaffirmed an overweight rating and issued a GBX 575 ($7.49) price objective on shares of Merlin Entertainments PLC in a research report on Thursday, May 4th. Berenberg Bank reissued a sell rating and set a GBX 375 ($4.88) target price on shares of Merlin Entertainments PLC in a research report on Thursday, June 8th. HSBC Holdings plc reissued a buy rating and set a GBX 560 ($7.29) target price on shares of Merlin Entertainments PLC in a research report on Wednesday, June 7th. Beaufort Securities reissued a buy rating on shares of Merlin Entertainments PLC in a research report on Wednesday, June 14th. Finally, J P Morgan Chase & Co restated a neutral rating and set a GBX 450 ($5.86) price target on shares of Merlin Entertainments PLC in a research note on Wednesday, June 14th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. Merlin Entertainments PLC currently has a consensus rating of Hold and an average target price of GBX 519.46 ($6.76).
Merlin Entertainments PLC (LON:MERL) opened at 478.20 on Friday. The firm’s 50-day moving average price is GBX 476.43 and its 200-day moving average price is GBX 488.96. Merlin Entertainments PLC has a 12-month low of GBX 422.50 and a 12-month high of GBX 537.50. The company’s market cap is GBX 4.86 billion.
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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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