Merlin Entertainments PLC (LON:MERL)‘s stock had its “overweight” rating reissued by research analysts at Barclays PLC in a note issued to investors on Thursday, November 9th. They currently have a GBX 480 ($6.31) price objective on the stock. Barclays PLC’s target price would indicate a potential upside of 32.60% from the stock’s current price.
Other equities analysts have also issued reports about the company. Beaufort Securities reaffirmed a “buy” rating on shares of Merlin Entertainments PLC in a research report on Monday, August 7th. Shore Capital reaffirmed a “hold” rating on shares of Merlin Entertainments PLC in a research report on Friday, August 4th. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 553 ($7.27) target price on shares of Merlin Entertainments PLC in a research report on Monday, October 16th. reaffirmed a “buy” rating and issued a GBX 560 ($7.37) target price on shares of Merlin Entertainments PLC in a research report on Wednesday, September 6th. Finally, Liberum Capital reaffirmed a “hold” rating and issued a GBX 515 ($6.77) target price on shares of Merlin Entertainments PLC in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the stock. Merlin Entertainments PLC currently has a consensus rating of “Buy” and a consensus price target of GBX 486.07 ($6.39).
Merlin Entertainments PLC (MERL) traded down GBX 1 ($0.01) during mid-day trading on Thursday, reaching GBX 360.60 ($4.74). The company had a trading volume of 4,247,880 shares, compared to its average volume of 6,470,000. Merlin Entertainments PLC has a 12-month low of GBX 355 ($4.67) and a 12-month high of GBX 537.50 ($7.07).
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In related news, insider Ken J. Hydon acquired 30,000 shares of the stock in a transaction that occurred on Monday, October 23rd. The stock was purchased at an average cost of GBX 376 ($4.95) per share, for a total transaction of £112,800 ($148,362.49). Also, insider Anne-Francoise Nesmes acquired 5,500 shares of the stock in a transaction that occurred on Thursday, October 19th. The shares were bought at an average price of GBX 369 ($4.85) per share, with a total value of £20,295 ($26,693.41).
About Merlin Entertainments PLC
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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