Merlin Entertainments PLC’s (LON:MERL) “Buy” Rating Reiterated at Beaufort Securities
Merlin Entertainments PLC (LON:MERL)‘s stock had its “buy” rating reiterated by stock analysts at Beaufort Securities in a report issued on Monday.
Other equities analysts also recently issued research reports about the company. Numis Securities Ltd restated an “add” rating and set a GBX 553 ($7.20) target price on shares of Merlin Entertainments PLC in a research report on Friday, August 4th. HSBC Holdings plc restated 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. Peel Hunt upgraded Merlin Entertainments PLC to a “buy” rating and raised their target price for the stock from GBX 450 ($5.86) to GBX 530 ($6.90) in a research report on Friday, August 4th. Shore Capital restated a “hold” rating on shares of Merlin Entertainments PLC in a research report on Tuesday, June 13th. Finally, Liberum Capital initiated coverage on Merlin Entertainments PLC in a research report on Wednesday, July 5th. They set a “hold” rating and a GBX 515 ($6.71) target price for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 519.46 ($6.76).
Shares of Merlin Entertainments PLC (MERL) opened at 469.30 on Monday. The firm’s market capitalization is GBX 4.77 billion. Merlin Entertainments PLC has a 12 month low of GBX 422.50 and a 12 month high of GBX 537.50. The firm has a 50-day moving average price of GBX 476.36 and a 200 day moving average price of GBX 488.92.
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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