Merlin Entertainments PLC (LON:MERL) has received a consensus rating of “Buy” from the fourteen research firms that are currently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 424.80 ($5.55).
Several research firms recently issued reports on MERL. Peel Hunt reissued a “buy” rating on shares of Merlin Entertainments in a report on Tuesday, October 23rd. Liberum Capital reissued a “hold” rating on shares of Merlin Entertainments in a report on Thursday, August 2nd. Goldman Sachs Group reduced their target price on shares of Merlin Entertainments from GBX 405 ($5.29) to GBX 375 ($4.90) and set a “neutral” rating for the company in a report on Thursday, October 25th. Numis Securities reissued a “buy” rating on shares of Merlin Entertainments in a report on Friday, August 3rd. Finally, Barclays reissued an “overweight” rating and issued a GBX 415 ($5.42) target price on shares of Merlin Entertainments in a report on Wednesday, October 17th.
Merlin Entertainments stock traded down GBX 3.60 ($0.05) during midday trading on Monday, hitting GBX 330.20 ($4.31). The stock had a trading volume of 1,073,148 shares, compared to its average volume of 4,380,000. Merlin Entertainments has a 52-week low of GBX 317.10 ($4.14) and a 52-week high of GBX 537.50 ($7.02).
Merlin Entertainments plc operates visitor attraction places worldwide. The company operates midway attractions under the Madame Tussauds, The Eye Brand, SEA LIFE, The Dungeons, LEGOLAND Discovery Centre, Seal Sanctuaries, Blackpool Tower, WILD LIFE, Australian Treetop Adventures, Hotham Alpine Resort, Falls Creek, Shreks Adventure London, and Little BIG City brands.
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