Merlin Entertainments PLC (LON:MERL) has been given an average rating of “Buy” by the sixteen ratings firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 480.36 ($6.51).

MERL has been the topic of a number of recent research reports. Liberum Capital reiterated a “hold” rating and set a GBX 382 ($5.18) price target (down from GBX 515 ($6.98)) on shares of Merlin Entertainments in a research note on Monday, November 20th. Peel Hunt cut their price target on shares of Merlin Entertainments from GBX 530 ($7.19) to GBX 450 ($6.10) and set a “buy” rating on the stock in a research note on Tuesday, December 19th. Goldman Sachs Group cut their price target on shares of Merlin Entertainments from GBX 470 ($6.37) to GBX 400 ($5.42) and set a “neutral” rating on the stock in a research note on Friday, October 20th. Barclays reiterated an “overweight” rating and set a GBX 480 ($6.51) price target on shares of Merlin Entertainments in a research note on Wednesday, October 18th. Finally, Citigroup reiterated a “buy” rating and set a GBX 565 ($7.66) price target on shares of Merlin Entertainments in a research note on Friday, October 6th.

Merlin Entertainments (MERL) opened at GBX 356.56 ($4.84) on Tuesday. Merlin Entertainments has a 1 year low of GBX 343.40 ($4.66) and a 1 year high of GBX 537.50 ($7.29). The company has a market cap of $3,640.00 and a PE ratio of 1,697.90.

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

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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.

Analyst Recommendations for Merlin Entertainments (LON:MERL)

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