HSBC lowered shares of Merlin Entertainments (LON:MERL) to a reduce rating in a research note released on Monday, ThisIsMoney.Co.Uk reports. HSBC currently has GBX 315 ($4.12) price target on the stock, down from their previous price target of GBX 450 ($5.88).

A number of other research analysts also recently commented on MERL. Liberum Capital reiterated a hold rating and issued a GBX 360 ($4.70) price objective on shares of Merlin Entertainments in a report on Friday, February 22nd. Citigroup reiterated a buy rating on shares of Merlin Entertainments in a report on Friday, February 22nd. Peel Hunt reiterated a buy rating on shares of Merlin Entertainments in a report on Thursday, February 28th. Numis Securities reiterated a buy rating and issued a GBX 454 ($5.93) price objective on shares of Merlin Entertainments in a report on Thursday, February 28th. Finally, Berenberg Bank reiterated a sell rating and issued a GBX 315 ($4.12) price objective (down previously from GBX 340 ($4.44)) on shares of Merlin Entertainments in a report on Thursday, March 21st. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of GBX 389.45 ($5.09).

MERL stock opened at GBX 343.10 ($4.48) on Monday. Merlin Entertainments has a 1 year low of GBX 304.50 ($3.98) and a 1 year high of GBX 415.70 ($5.43). The stock has a market capitalization of $3.58 billion and a price-to-earnings ratio of 15.25. The company has a current ratio of 0.69, a quick ratio of 0.44 and a debt-to-equity ratio of 74.54.

The company also recently declared a dividend, which was paid on Thursday, May 16th. Investors of record on Thursday, April 11th were paid a dividend of GBX 5.50 ($0.07) per share. This represents a yield of 1.51%. The ex-dividend date was Thursday, April 11th. This is an increase from Merlin Entertainments’s previous dividend of $2.50. Merlin Entertainments’s dividend payout ratio (DPR) is currently 0.36%.

About Merlin Entertainments

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 Centres, Seal Sanctuaries, Shreks Adventure, Blackpool Tower, WILD LIFE, Australian Treetop Adventures, Hotham Alpine Resort, Falls Creek, and Little BIG City brands.

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Analyst Recommendations for Merlin Entertainments (LON:MERL)

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