Deutsche Bank Reiterates Buy Rating for Merlin Entertainments PLC (MERL)
Merlin Entertainments PLC (LON:MERL)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Wednesday, ARN reports. They currently have a GBX 395 ($6.48) target price on the stock. Deutsche Bank’s price objective would suggest a potential upside of 10.83% from the company’s current price.
Merlin Entertainments PLC (LON:MERL) traded down 0.67% on Wednesday, hitting GBX 355.40. The stock had a trading volume of 305,802 shares. Merlin Entertainments PLC has a 1-year low of GBX 320.00 and a 1-year high of GBX 381.20. The stock has a 50-day moving average of GBX 0. and a 200-day moving average of GBX 0..
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec initiated coverage on shares of Merlin Entertainments PLC in a research note on Monday. They set a “buy” rating and a GBX 415 ($6.81) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Merlin Entertainments PLC in a research note on Monday, February 3rd. They now have a GBX 360 ($5.91) price target on the stock. Finally, analysts at Jefferies Group initiated coverage on shares of Merlin Entertainments PLC in a research note on Wednesday, January 29th. They set a “buy” rating and a GBX 425 ($6.97) price target on the stock. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 389.50 ($6.39).
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