Merlin Entertainments (MERL) Upgraded at Shore Capital
Shore Capital upgraded shares of Merlin Entertainments (LON:MERL) to a buy rating in a research note released on Thursday morning. The brokerage currently has GBX 479 ($6.62) price objective on the stock.
MERL has been the topic of a number of other research reports. Liberum Capital dropped their price target on Merlin Entertainments from GBX 382 ($5.28) to GBX 360 ($4.97) and set a hold rating on the stock in a research report on Monday, January 15th. Peel Hunt dropped their price target on Merlin Entertainments from GBX 530 ($7.32) to GBX 450 ($6.22) and set a buy rating on the stock in a research report on Tuesday, December 19th. Morgan Stanley reissued an overweight rating and set a GBX 470 ($6.49) price target on shares of Merlin Entertainments in a research report on Monday, January 8th. Barclays reissued an overweight rating and set a GBX 480 ($6.63) price target on shares of Merlin Entertainments in a research report on Thursday, November 16th. Finally, Numis Securities reissued a buy rating and set a GBX 454 ($6.27) price target on shares of Merlin Entertainments in a research report on Tuesday, February 13th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Merlin Entertainments has an average rating of Buy and an average target price of GBX 447.87 ($6.19).
Merlin Entertainments (LON MERL) opened at GBX 350 ($4.84) on Thursday. Merlin Entertainments has a 12-month low of GBX 317.10 ($4.38) and a 12-month high of GBX 537.50 ($7.43). The stock has a market capitalization of $3,580.00 and a price-to-earnings ratio of 1,750.00.
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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