Merlin Entertainme Spon (MERLY) Lowered to “Hold” at Zacks Investment Research

Merlin Entertainme Spon (NASDAQ:MERLY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Saturday.

According to Zacks, “Merlin Entertainments plc operates visitor attraction places. The Company owns and operates a portfolio of assets including city center and resort-based indoor attractions and national-branded resort theme parks. Its operating business segment consists of Midway Attractions, LEGOLAND Parks and Resort Theme Parks. Merlin Entertainments plc is headquartered in Poole, the United Kingdom. “

Merlin Entertainme Spon (NASDAQ:MERLY) opened at 12.94 on Friday. Merlin Entertainme Spon has a 12-month low of $10.26 and a 12-month high of $14.82. The company has a market capitalization of $6.60 billion and a price-to-earnings ratio of 24.23.

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