Merlin Entertainments PLC (LON:MERL)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 317.10 ($4.38) and last traded at GBX 320.30 ($4.43), with a volume of 2353355 shares traded. The stock had previously closed at GBX 320.30 ($4.43).

A number of equities analysts recently commented on the company. Credit Suisse Group upgraded Merlin Entertainments from a “neutral” rating to an “outperform” rating and reduced their price target for the stock from GBX 500 ($6.91) to GBX 440 ($6.08) in a report on Wednesday, October 18th. Liberum Capital reduced their price target on Merlin Entertainments from GBX 382 ($5.28) to GBX 360 ($4.97) and set a “hold” rating for the company in a report on Monday, January 15th. Morgan Stanley reiterated an “overweight” rating and set a GBX 470 ($6.49) price target on shares of Merlin Entertainments in a report on Monday, January 8th. Barclays reiterated an “overweight” rating and set a GBX 480 ($6.63) price target on shares of Merlin Entertainments in a report on Thursday. Finally, Deutsche Bank reduced their price target on Merlin Entertainments from GBX 600 ($8.29) to GBX 515 ($7.12) and set a “buy” rating for the company in a report on Monday, October 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the company’s stock. Merlin Entertainments presently has an average rating of “Buy” and an average price target of GBX 462.43 ($6.39).

The firm has a market cap of $3,430.00 and a PE ratio of 1,603.33.

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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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