A number of other brokerages have also issued reports on MERL. HSBC Holdings plc reiterated a buy rating and set a GBX 560 ($7.43) price target on shares of Merlin Entertainments PLC in a research report on Wednesday, September 6th. Beaufort Securities reiterated a buy rating on shares of Merlin Entertainments PLC in a research report on Monday, August 7th. Morgan Stanley reiterated an overweight rating and set a GBX 580 ($7.69) price target on shares of Merlin Entertainments PLC in a research report on Tuesday, September 5th. Shore Capital reiterated a hold rating on shares of Merlin Entertainments PLC in a research report on Tuesday, June 13th. Finally, Peel Hunt upgraded Merlin Entertainments PLC to a buy rating and boosted their price target for the stock from GBX 450 ($5.97) to GBX 530 ($7.03) in a research report on Friday, August 4th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of Buy and an average price target of GBX 527.71 ($7.00).
Merlin Entertainments PLC (LON MERL) opened at 463.30 on Thursday. The firm has a 50-day moving average price of GBX 454.47 and a 200 day moving average price of GBX 479.20. Merlin Entertainments PLC has a 52-week low of GBX 422.50 and a 52-week high of GBX 537.50. The stock’s market cap is GBX 4.72 billion.
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The company also recently disclosed a dividend, which was paid on Monday, September 25th. Stockholders of record on Thursday, August 17th were paid a GBX 2.40 ($0.03) dividend. This represents a dividend yield of 0.51%. The ex-dividend date was Thursday, August 17th.
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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