Liberum Capital reiterated their hold rating on shares of Merlin Entertainments (LON:MERL) in a research note issued to investors on Wednesday morning. They currently have a GBX 360 ($4.97) price target on the stock.
Several other brokerages have also issued reports on MERL. Barclays reissued an overweight rating and issued a GBX 480 ($6.63) price target on shares of Merlin Entertainments in a report on Thursday, November 16th. Shore Capital raised shares of Merlin Entertainments to a buy rating and set a GBX 479 ($6.62) price target for the company in a report on Thursday, March 1st. Peel Hunt reissued a buy rating and issued a GBX 375 ($5.18) price target on shares of Merlin Entertainments in a report on Thursday, March 1st. Numis Securities reissued a buy rating and issued a GBX 454 ($6.27) price target on shares of Merlin Entertainments in a report on Thursday, March 1st. Finally, Berenberg Bank raised shares of Merlin Entertainments to a hold rating and boosted their price target for the company from GBX 320 ($4.42) to GBX 360 ($4.97) in a report on Friday, March 2nd. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 442.36 ($6.11).
Merlin Entertainments (LON MERL) opened at GBX 373.10 ($5.15) on Wednesday. Merlin Entertainments has a fifty-two week low of GBX 317.10 ($4.38) and a fifty-two week high of GBX 537.50 ($7.43). The stock has a market cap of $3,800.00 and a price-to-earnings ratio of 1,865.50.
In related news, insider Charles Gurassa bought 69,504 shares of Merlin Entertainments stock in a transaction that occurred on Friday, March 2nd. The stock was purchased at an average cost of GBX 360 ($4.97) per share, with a total value of £250,214.40 ($345,695.50).
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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.
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