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

Merlin Entertainments (LON:MERL)‘s stock had its “overweight” rating restated by investment analysts at Barclays in a research report issued on Thursday, November 9th. They presently have a GBX 480 ($6.40) target price on the stock. Barclays’ price target would indicate a potential upside of 33.33% from the stock’s current price.

MERL has been the topic of a number of other research reports. Goldman Sachs Group lowered their price target on Merlin Entertainments from GBX 470 ($6.27) to GBX 400 ($5.33) and set a “neutral” rating on the stock in a research report on Friday, October 20th. Citigroup reissued a “buy” rating and set a GBX 565 ($7.53) price target on shares of Merlin Entertainments in a research report on Friday, October 6th. Deutsche Bank upped their target price on Merlin Entertainments from GBX 530 ($7.07) to GBX 600 ($8.00) and gave the company a “buy” rating in a research report on Friday, August 18th. Morgan Stanley reaffirmed an “overweight” rating and issued a GBX 580 ($7.73) target price on shares of Merlin Entertainments in a research report on Tuesday, September 5th. Finally, Liberum Capital reaffirmed an “under review” rating on shares of Merlin Entertainments in a research report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company’s stock. Merlin Entertainments has an average rating of “Buy” and a consensus price target of GBX 486.07 ($6.48).

Merlin Entertainments (LON MERL) traded up GBX 2.50 ($0.03) on Thursday, reaching GBX 360 ($4.80). The company had a trading volume of 4,980,019 shares, compared to its average volume of 6,880,000. Merlin Entertainments has a fifty-two week low of GBX 355 ($4.73) and a fifty-two week high of GBX 537.50 ($7.17).

In other Merlin Entertainments news, insider Anne-Francoise Nesmes purchased 5,500 shares of the firm’s stock in a transaction on Thursday, October 19th. The stock was purchased at an average cost of GBX 369 ($4.92) per share, for a total transaction of £20,295 ($27,056.39). Also, insider Ken J. Hydon bought 30,000 shares of Merlin Entertainments stock in a transaction dated Monday, October 23rd. The stock was purchased at an average price of GBX 376 ($5.01) per share, with a total value of £112,800 ($150,379.95).

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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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