Barclays reiterated their overweight rating on shares of Merlin Entertainments (LON:MERL) in a research report released on Thursday. The firm currently has a GBX 480 ($6.63) target price on the stock.
A number of other research firms also recently commented on MERL. Numis Securities reiterated a buy rating and set a GBX 454 ($6.27) price objective on shares of Merlin Entertainments in a research note on Tuesday, February 13th. Morgan Stanley reduced their price objective on shares of Merlin Entertainments from GBX 580 ($8.01) to GBX 470 ($6.49) and set an overweight rating on the stock in a research note on Wednesday, October 18th. Peel Hunt reduced their price objective on shares of Merlin Entertainments from GBX 450 ($6.22) to GBX 375 ($5.18) and set a buy rating on the stock in a research note on Monday, February 5th. JPMorgan Chase & Co. increased their price objective on shares of Merlin Entertainments from GBX 385 ($5.32) to GBX 395 ($5.46) and gave the company a neutral rating in a research note on Friday, January 12th. Finally, Goldman Sachs Group reduced their price objective on shares of Merlin Entertainments from GBX 470 ($6.49) to GBX 400 ($5.53) and set a neutral rating on the stock in a research note on Friday, October 20th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of GBX 461.60 ($6.38).
Merlin Entertainments (LON MERL) opened at GBX 342.40 ($4.73) on Thursday. Merlin Entertainments has a 52 week low of GBX 317.10 ($4.38) and a 52 week high of GBX 537.50 ($7.43). The company has a market cap of $3,490.00 and a price-to-earnings ratio of 1,630.48.
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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