Merlin Entertainments PLC’s (MERL) “Overweight” Rating Reiterated at Barclays PLC
Merlin Entertainments PLC (LON:MERL)‘s stock had its “overweight” rating reaffirmed by research analysts at Barclays PLC in a research report issued to clients and investors on Thursday. They currently have a GBX 575 ($7.44) target price on the stock. Barclays PLC’s price target would indicate a potential upside of 26.01% from the stock’s previous close.
A number of other equities research analysts have also issued reports on the stock. Berenberg Bank reaffirmed a “sell” rating and set a GBX 375 ($4.85) target price on shares of Merlin Entertainments PLC in a report on Wednesday, August 9th. HSBC Holdings plc reaffirmed a “buy” rating and set a GBX 560 ($7.24) target price on shares of Merlin Entertainments PLC in a report on Thursday, May 18th. Liberum Capital reaffirmed a “hold” rating and set a GBX 515 ($6.66) target price on shares of Merlin Entertainments PLC in a report on Thursday, August 3rd. Deutsche Bank AG upped their target price on shares of Merlin Entertainments PLC from GBX 530 ($6.85) to GBX 600 ($7.76) and gave the stock a “buy” rating in a report on Friday, August 18th. Finally, Numis Securities Ltd reaffirmed an “add” rating and set a GBX 553 ($7.15) target price on shares of Merlin Entertainments PLC in a report on Friday, August 4th. One investment 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 has an average rating of “Hold” and a consensus target price of GBX 524.85 ($6.79).
Merlin Entertainments PLC (LON:MERL) opened at 456.30 on Thursday. The stock’s market capitalization is GBX 4.65 billion. The stock’s 50 day moving average is GBX 468.79 and its 200-day moving average is GBX 487.31. Merlin Entertainments PLC has a 52-week low of GBX 422.50 and a 52-week high of GBX 537.50.
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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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