Merlin Entertainments PLC (LON:MERL) Rating Reiterated by Morgan Stanley

Morgan Stanley restated their overweight rating on shares of Merlin Entertainments PLC (LON:MERL) in a research note issued to investors on Wednesday, November 1st, Marketbeat reports. They currently have a GBX 470 ($6.18) target price on the stock.

A number of other analysts have also commented on the company. Deutsche Bank AG cut their price target on Merlin Entertainments PLC from GBX 600 ($7.89) to GBX 515 ($6.77) and set a buy rating on the stock in a report on Monday, October 23rd. Goldman Sachs Group, Inc. (The) lowered their target price on Merlin Entertainments PLC from GBX 470 ($6.18) to GBX 400 ($5.26) and set a neutral rating on the stock in a research report on Friday, October 20th. Credit Suisse Group raised Merlin Entertainments PLC from a neutral rating to an outperform rating and lowered their target price for the company from GBX 500 ($6.58) to GBX 440 ($5.79) in a research report on Wednesday, October 18th. Barclays PLC reissued an overweight rating and set a GBX 480 ($6.31) price target on shares of Merlin Entertainments PLC in a research report on Wednesday, October 18th. Finally, Peel Hunt reissued a buy rating and set a GBX 530 ($6.97) price target on shares of Merlin Entertainments PLC in a research report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of GBX 486.07 ($6.39).

Merlin Entertainments PLC (LON:MERL) traded down GBX 4.60 ($0.06) during mid-day trading on Wednesday, reaching GBX 372.40 ($4.90). The company’s stock had a trading volume of 4,520,442 shares, compared to its average volume of 6,470,000. Merlin Entertainments PLC has a 52-week low of GBX 3.74 ($0.05) and a 52-week high of GBX 537.50 ($7.07).

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by BBNS and is owned by of BBNS. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://baseballnewssource.com/markets/merlin-entertainments-plc-merl-receives-overweight-rating-from-morgan-stanley/1748174.html.

In related news, insider Ken J. Hydon purchased 30,000 shares of the firm’s stock in a transaction dated Monday, October 23rd. The stock was bought at an average price of GBX 376 ($4.95) per share, for a total transaction of £112,800 ($148,362.49). Also, insider Anne-Francoise Nesmes purchased 5,500 shares of the firm’s stock in a transaction dated 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).

Merlin Entertainments PLC 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 PLC (LON:MERL)

Receive News & Ratings for Merlin Entertainments PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merlin Entertainments PLC and related companies with our FREE daily email newsletter.

 


Latest News

Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Yankees and Marlins Continue Stanton Trade Talks
Yankees and Marlins Continue Stanton Trade Talks
Marlins Making Moves, Trade Dee Gordon to Seattle
Marlins Making Moves, Trade Dee Gordon to Seattle
Report: Astros Dallas Keuchel Pitched With Injured Foot
Report: Astros Dallas Keuchel Pitched With Injured Foot
Angels Sign Former Prospect with Braves Kevin Maitan
Angels Sign Former Prospect with Braves Kevin Maitan
Shohei Ohtani Has Turned Down Red Sox and Yankees
Shohei Ohtani Has Turned Down Red Sox and Yankees


Leave a Reply

 
© 2006-2017 BBNS.