Merlin Entertainments PLC Receives New Coverage from Analysts at Jefferies Group (MERL)
Investment analysts at Jefferies Group began coverage on shares of Merlin Entertainments PLC (LON:MERL) in a note issued to investors on Wednesday, Analyst Ratings Network reports. The firm set a “buy” rating and a GBX 425 ($7.00) price target on the stock. Jefferies Group’s price objective points to a potential upside of 15.61% from the stock’s previous close.
Shares of Merlin Entertainments PLC (LON:MERL) traded down 0.19% during mid-day trading on Wednesday, hitting GBX 367.60. 590,849 shares of the company’s stock traded hands. Merlin Entertainments PLC has a one year low of GBX 320.00 and a one year high of GBX 381.20. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0..
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Merlin Entertainments PLC in a research note to investors on Thursday, January 9th. They now have a GBX 390 ($6.43) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Merlin Entertainments PLC in a research note to investors on Friday, November 29th. They now have a GBX 352 ($5.80) price target on the stock. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 384.40 ($6.33).
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