A number of other brokerages have also recently weighed in on MERL. Beaufort Securities reaffirmed a buy rating on shares of Merlin Entertainments PLC in a research report on Monday, August 7th. Barclays PLC reaffirmed an overweight rating and issued a GBX 575 ($7.64) price target on shares of Merlin Entertainments PLC in a research report on Thursday, July 13th. Berenberg Bank reaffirmed a sell rating and issued a GBX 375 ($4.98) price target on shares of Merlin Entertainments PLC in a research report on Wednesday, August 9th. HSBC Holdings plc reissued a buy rating and set a GBX 560 ($7.44) price objective on shares of Merlin Entertainments PLC in a research report on Wednesday, September 6th. Finally, Deutsche Bank AG boosted their price objective on Merlin Entertainments PLC from GBX 530 ($7.04) to GBX 600 ($7.97) and gave the stock a buy rating in a research report on Friday, August 18th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the stock. Merlin Entertainments PLC presently has an average rating of Buy and a consensus target price of GBX 501.64 ($6.67).
Shares of Merlin Entertainments PLC (MERL) traded up 0.19% during midday trading on Tuesday, hitting GBX 375.00. The company had a trading volume of 7,440,307 shares. Merlin Entertainments PLC has a one year low of GBX 371.50 and a one year high of GBX 537.50. The firm’s market cap is GBX 3.82 billion. The company’s 50 day moving average is GBX 447.25 and its 200 day moving average is GBX 476.43.
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The company also recently declared a dividend, which was paid on Monday, September 25th. Shareholders of record on Thursday, August 17th were issued a GBX 2.40 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, August 17th. This represents a yield of 0.51%.
In other news, insider Anne-Francoise Nesmes purchased 5,500 shares of the business’s stock in a transaction on Thursday, October 19th. The stock was purchased at an average price of GBX 369 ($4.90) per share, with a total value of £20,295 ($26,966.52).
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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