Beaufort Securities Reiterates “Buy” Rating for Merlin Entertainments PLC (MERL)
Merlin Entertainments PLC (LON:MERL)‘s stock had its “buy” rating reissued by analysts at Beaufort Securities in a report released on Monday.
A number of other equities analysts have also issued reports on the company. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 575 ($7.49) target price on shares of Merlin Entertainments PLC in a research report on Thursday, May 4th. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 375 ($4.88) target price on shares of Merlin Entertainments PLC in a research report on Thursday, June 8th. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 560 ($7.29) target price on shares of Merlin Entertainments PLC in a research report on Wednesday, June 7th. Shore Capital reaffirmed a “hold” rating on shares of Merlin Entertainments PLC in a research report on Tuesday, June 13th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 450 ($5.86) target price on shares of Merlin Entertainments PLC in a research report on Wednesday, June 14th. One 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. The stock presently has a consensus rating of “Hold” and an average target price of GBX 519.46 ($6.76).
Shares of Merlin Entertainments PLC (LON:MERL) opened at 469.30 on Monday. The firm’s market cap is GBX 4.77 billion. The company has a 50-day moving average of GBX 476.36 and a 200 day moving average of GBX 488.92. Merlin Entertainments PLC has a one year low of GBX 422.50 and a one year high of GBX 537.50.
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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