Merlin Entertainments (MERL) Earns “Buy” Rating from Peel Hunt
A number of other equities research analysts also recently weighed in on MERL. Numis Securities reaffirmed a buy rating and issued a GBX 454 ($5.93) target price on shares of Merlin Entertainments in a report on Monday, October 1st. Berenberg Bank reiterated a hold rating and issued a GBX 360 ($4.70) price target on shares of Merlin Entertainments in a research note on Tuesday, October 9th. Liberum Capital reiterated a hold rating on shares of Merlin Entertainments in a research note on Tuesday, October 16th. Barclays reiterated an overweight rating and issued a GBX 415 ($5.42) price target on shares of Merlin Entertainments in a research note on Wednesday, October 17th. Finally, Morgan Stanley dropped their price target on Merlin Entertainments from GBX 460 ($6.01) to GBX 450 ($5.88) and set an overweight rating for the company in a research note on Wednesday, October 17th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the stock. Merlin Entertainments currently has a consensus rating of Buy and an average price target of GBX 414.14 ($5.41).
Shares of MERL stock opened at GBX 327.20 ($4.28) on Monday. Merlin Entertainments has a fifty-two week low of GBX 317.10 ($4.14) and a fifty-two week high of GBX 537.50 ($7.02).
Merlin Entertainments plc operates visitor attraction places worldwide. The company operates midway attractions under the Madame Tussauds, The Eye Brand, SEA LIFE, The Dungeons, LEGOLAND Discovery Centre, Seal Sanctuaries, Blackpool Tower, WILD LIFE, Australian Treetop Adventures, Hotham Alpine Resort, Falls Creek, Shreks Adventure London, and Little BIG City brands.
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