Merlin Entertainments PLC (MERL) Earns “Overweight” Rating from Barclays PLC
Barclays PLC reissued their overweight rating on shares of Merlin Entertainments PLC (LON:MERL) in a research report released on Thursday. Barclays PLC currently has a GBX 575 ($7.44) price target on the stock.
Several other equities research analysts have also issued reports on the stock. Deutsche Bank AG lifted their price objective on shares of Merlin Entertainments PLC from GBX 530 ($6.85) to GBX 600 ($7.76) and gave the company a buy rating in a research note on Friday, August 18th. Berenberg Bank reaffirmed a sell rating and issued a GBX 375 ($4.85) price objective on shares of Merlin Entertainments PLC in a research note on Wednesday, August 9th. Beaufort Securities reaffirmed a buy rating on shares of Merlin Entertainments PLC in a research note on Monday, August 7th. Numis Securities Ltd reaffirmed an add rating and issued a GBX 553 ($7.15) price objective on shares of Merlin Entertainments PLC in a research note on Friday, August 4th. Finally, Peel Hunt raised shares of Merlin Entertainments PLC to a buy rating and lifted their price objective for the company from GBX 450 ($5.82) to GBX 530 ($6.85) in a research note on Friday, August 4th. One research 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 company has a consensus rating of Hold and an average price target of GBX 524.85 ($6.79).
Merlin Entertainments PLC (LON:MERL) opened at 460.10 on Thursday. Merlin Entertainments PLC has a 52-week low of GBX 422.50 and a 52-week high of GBX 537.50. The stock’s market capitalization is GBX 4.69 billion. The firm has a 50-day moving average price of GBX 466.91 and a 200 day moving average price of GBX 486.39.
The company also recently announced a dividend, which will be paid on Monday, September 25th. Shareholders of record on Thursday, August 17th will be given a dividend of GBX 2.40 ($0.03) per share. This represents a yield of 0.51%. The ex-dividend date of this dividend is Thursday, August 17th.
Merlin Entertainments PLC 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.
Receive News & Ratings for Merlin Entertainments PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merlin Entertainments PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.