Merlin Entertainments PLC (MERL) Given Average Rating of “Buy” by Analysts

Merlin Entertainments PLC (LON:MERL) has received an average recommendation of “Buy” from the sixteen analysts that are covering the stock, Marketbeat Ratings reports. One 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 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 480.36 ($6.51).

Several research analysts recently commented on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a GBX 470 ($6.37) price target on shares of Merlin Entertainments in a research note on Monday. Shore Capital reaffirmed a “hold” rating on shares of Merlin Entertainments in a research note on Tuesday, October 17th. Numis Securities reaffirmed an “add” rating and issued a GBX 553 ($7.50) price target on shares of Merlin Entertainments in a research note on Monday, October 16th. Deutsche Bank reduced their price target on shares of Merlin Entertainments from GBX 600 ($8.14) to GBX 515 ($6.98) and set a “buy” rating on the stock in a research note on Monday, October 23rd. Finally, Barclays reaffirmed an “overweight” rating and issued a GBX 480 ($6.51) price target on shares of Merlin Entertainments in a research note on Thursday, December 7th.

In other Merlin Entertainments news, insider Ken J. Hydon acquired 30,000 shares of the firm’s stock in a transaction on Monday, October 23rd. The stock was acquired 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 acquired 5,500 shares of the firm’s stock in a transaction on Thursday, October 19th. The shares were acquired at an average price of GBX 369 ($5.00) per share, with a total value of £20,295 ($27,522.38).

Shares of Merlin Entertainments (MERL) opened at GBX 356.56 ($4.84) on Tuesday. Merlin Entertainments has a 12 month low of GBX 343.40 ($4.66) and a 12 month high of GBX 537.50 ($7.29). The firm has a market cap of $3,640.00 and a price-to-earnings ratio of 1,697.90.

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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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