Merlin Entertainments (LON:MERL)‘s stock had its “buy” rating reissued by equities research analysts at Numis Securities in a report issued on Tuesday. They currently have a GBX 454 ($6.27) price objective on the stock. Numis Securities’ target price would suggest a potential upside of 35.48% from the stock’s current price.
Other analysts also recently issued research reports about the stock. Shore Capital reiterated a “hold” rating on shares of Merlin Entertainments in a research report on Tuesday, October 17th. Barclays reiterated an “overweight” rating and issued a GBX 480 ($6.63) price target on shares of Merlin Entertainments in a research report on Thursday, February 1st. Peel Hunt reduced their price target on shares of Merlin Entertainments from GBX 450 ($6.22) to GBX 375 ($5.18) and set a “buy” rating for the company in a research report on Monday, February 5th. Morgan Stanley reiterated an “overweight” rating and issued a GBX 470 ($6.49) price target on shares of Merlin Entertainments in a research report on Wednesday, November 1st. Finally, Deutsche Bank reduced their price target on shares of Merlin Entertainments from GBX 600 ($8.29) to GBX 515 ($7.12) and set a “buy” rating for the company in a research report on Monday, October 23rd. One analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 462.43 ($6.39).
Merlin Entertainments (LON MERL) opened at GBX 335.10 ($4.63) on Tuesday. Merlin Entertainments has a twelve month low of GBX 317.10 ($4.38) and a twelve month high of GBX 537.50 ($7.43). The stock has a market cap of $3,430.00 and a price-to-earnings ratio of 1,595.71.
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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