Merlin Entertainments PLC (MERL) Earns “Buy” Rating from Beaufort Securities
Merlin Entertainments PLC (LON:MERL)‘s stock had its “buy” rating restated by stock analysts at Beaufort Securities in a research report issued on Wednesday.
Several other analysts also recently weighed in on the company. Barclays PLC restated an “overweight” rating and issued a GBX 520 ($6.45) price objective on shares of Merlin Entertainments PLC in a report on Friday, September 30th. JPMorgan Chase & Co. decreased their price objective on Merlin Entertainments PLC from GBX 464 ($5.76) to GBX 450 ($5.58) and set a “neutral” rating for the company in a report on Friday, August 12th. Panmure Gordon restated a “buy” rating and issued a GBX 515 ($6.39) price objective on shares of Merlin Entertainments PLC in a report on Thursday, September 29th. HSBC assumed coverage on Merlin Entertainments PLC in a research note on Monday, October 3rd. They issued a “buy” rating and a GBX 530 ($6.57) target price on the stock. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Merlin Entertainments PLC in a research note on Friday, November 18th. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 476 ($5.90).
Shares of Merlin Entertainments PLC (LON:MERL) opened at 438.40 on Wednesday. Merlin Entertainments PLC has a 52-week low of GBX 316.79 and a 52-week high of GBX 494.90. The stock has a 50 day moving average of GBX 445.36 and a 200-day moving average of GBX 452.54. The stock’s market capitalization is GBX 4.44 billion.
COPYRIGHT VIOLATION WARNING: This piece of content was first published by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of United States & international copyright and trademark law. The original version of this piece of content can be read at https://www.thecerbatgem.com/2016/11/30/merlin-entertainments-plc-merl-earns-buy-rating-from-beaufort-securities.html.
In other Merlin Entertainments PLC news, insider Anne-Francoise Nesmes purchased 4,500 shares of the company’s stock in a transaction dated Monday, October 10th. The shares were acquired at an average price of GBX 440 ($5.46) per share, for a total transaction of £19,800 ($24,562.71).
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.
Receive News & Stock Ratings for Merlin Entertainments PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merlin Entertainments PLC and related stocks with our FREE daily email newsletter.