Merlin Entertainments (LON:MERL) had its target price raised by JPMorgan Chase & Co. from GBX 385 ($5.22) to GBX 395 ($5.36) in a report issued on Friday morning. The brokerage currently has a neutral rating on the stock.

A number of other brokerages also recently weighed in on MERL. Citigroup reissued a buy rating and issued a GBX 565 ($7.66) price target on shares of Merlin Entertainments in a report on Friday, October 6th. Numis Securities reissued an add rating and issued a GBX 553 ($7.50) price target on shares of Merlin Entertainments in a report on Monday, October 16th. Peel Hunt reissued a buy rating and issued a GBX 530 ($7.19) price target on shares of Merlin Entertainments in a report on Tuesday, October 17th. Liberum Capital reissued an under review rating on shares of Merlin Entertainments in a report on Tuesday, October 17th. Finally, Shore Capital reissued a hold rating on shares of Merlin Entertainments in a report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of GBX 476.43 ($6.46).

Shares of Merlin Entertainments (LON MERL) traded up GBX 6.80 ($0.09) during trading on Friday, reaching GBX 361.80 ($4.91). 2,750,000 shares of the company’s stock were exchanged, compared to its average volume of 3,320,000. Merlin Entertainments has a 12-month low of GBX 343.40 ($4.66) and a 12-month high of GBX 537.50 ($7.29). The company has a market cap of $3,690.00 and a P/E ratio of 1,722.86.

In other news, insider Anne-Francoise Nesmes bought 5,500 shares of the company’s stock in a transaction that occurred on Thursday, October 19th. The stock was acquired at an average price of GBX 369 ($5.00) per share, for a total transaction of £20,295 ($27,522.38). Also, insider Ken J. Hydon bought 30,000 shares of the company’s stock in a transaction that occurred on Monday, October 23rd. The shares were purchased at an average price of GBX 376 ($5.10) per share, with a total value of £112,800 ($152,969.89).

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Merlin Entertainments Company Profile

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.

Analyst Recommendations for Merlin Entertainments (LON:MERL)

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