Merlin Entertainments PLC (LON:MERL) has been given a consensus rating of “Buy” by the fourteen ratings firms that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 424.80 ($5.55).
MERL has been the subject of several research analyst reports. Peel Hunt restated a “buy” rating on shares of Merlin Entertainments in a research report on Friday, November 2nd. Numis Securities restated a “buy” rating and set a GBX 454 ($5.93) price target on shares of Merlin Entertainments in a research report on Monday, October 1st. Citigroup restated a “buy” rating and set a GBX 500 ($6.53) price target on shares of Merlin Entertainments in a research report on Monday, September 3rd. Morgan Stanley reduced their price target on shares of Merlin Entertainments from GBX 460 ($6.01) to GBX 450 ($5.88) and set an “overweight” rating for the company in a research report on Wednesday, October 17th. Finally, Goldman Sachs Group reduced their price target 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 research report on Thursday, October 25th.
Shares of Merlin Entertainments stock traded up GBX 11.10 ($0.15) during trading hours on Friday, reaching GBX 347.20 ($4.54). The stock had a trading volume of 1,353,056 shares, compared to its average volume of 4,380,000. Merlin Entertainments has a twelve month low of GBX 317.10 ($4.14) and a twelve month 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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