Merlin Entertainments (LON:MERL) Stock Rating Reaffirmed by Barclays

Merlin Entertainments (LON:MERL)‘s stock had its “overweight” rating reaffirmed by analysts at Barclays in a report released on Thursday, January 11th. They currently have a GBX 480 ($6.51) price objective on the stock. Barclays’ target price suggests a potential upside of 36.21% from the company’s previous close.

A number of other equities analysts also recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a GBX 470 ($6.37) price objective on shares of Merlin Entertainments in a report on Monday, January 8th. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 515 ($6.98) price objective on shares of Merlin Entertainments in a report on Wednesday, January 3rd. Peel Hunt reduced their price target on shares of Merlin Entertainments from GBX 530 ($7.19) to GBX 450 ($6.10) and set a “buy” rating for the company in a report on Tuesday, December 19th. Liberum Capital reissued a “hold” rating and set a GBX 382 ($5.18) price target (down previously from GBX 515 ($6.98)) on shares of Merlin Entertainments in a report on Monday, November 20th. Finally, Goldman Sachs Group reduced their price target on shares of Merlin Entertainments from GBX 470 ($6.37) to GBX 400 ($5.42) and set a “neutral” rating for the company in a report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 474.86 ($6.44).

Shares of Merlin Entertainments (MERL) opened at GBX 352.40 ($4.78) on Thursday. 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 firm has a market cap of $3,650.00 and a P/E ratio of 1,678.10.

In other news, insider Ken J. Hydon purchased 30,000 shares of the stock in a transaction that occurred on Monday, October 23rd. The stock was acquired 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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