Merlin Entertainments PLC (LON:MERL) had its target price reduced by JPMorgan Chase & Co. from GBX 450 ($5.87) to GBX 430 ($5.61) in a research report released on Friday morning. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other research firms also recently issued reports on MERL. Panmure Gordon reaffirmed a buy rating and set a GBX 515 ($6.72) price objective on shares of Merlin Entertainments PLC in a report on Wednesday, July 13th. Kepler Capital Markets upped their price objective on Merlin Entertainments PLC from GBX 420 ($5.48) to GBX 460 ($6.00) and gave the stock a hold rating in a report on Friday, July 29th. Barclays PLC reaffirmed an overweight rating and set a GBX 500 ($6.53) price objective on shares of Merlin Entertainments PLC in a report on Tuesday, June 28th. Finally, Beaufort Securities reaffirmed a buy rating on shares of Merlin Entertainments PLC in a 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. The stock presently has a consensus rating of Buy and an average price target of GBX 474.30 ($6.19).

Analyst Recommendations for Merlin Entertainments PLC (LON:MERL)

Merlin Entertainments PLC (LON:MERL) traded up 0.32% during mid-day trading on Friday, reaching GBX 441.00. The company had a trading volume of 3,801,661 shares. The firm’s 50-day moving average price is GBX 476.71 and its 200-day moving average price is GBX 453.82. Merlin Entertainments PLC has a 12 month low of GBX 316.79 and a 12 month high of GBX 494.90. The stock’s market cap is GBX 4.47 billion.

The company also recently announced a dividend, which was paid on Monday, September 19th. Investors of record on Thursday, August 11th were paid a GBX 2.20 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, August 11th. This represents a yield of 0.47%.

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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