Merlin Entertainments PLC’s Buy Rating Reaffirmed at Jefferies Group (MERL)
Merlin Entertainments PLC (LON:MERL)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Group in a research note issued to investors on Tuesday, AnalystRatingsNetwork.com reports. They currently have a GBX 425 ($7.14) target price on the stock. Jefferies Group’s price objective suggests a potential upside of 18.72% from the company’s current price.
Merlin Entertainments PLC (LON:MERL) traded up 0.56% on Tuesday, hitting GBX 360.00. The stock had a trading volume of 209,674 shares. Merlin Entertainments PLC has a 52-week low of GBX 320.00 and a 52-week high of GBX 391.50. The stock has a 50-day moving average of GBX 369.4 and a 200-day moving average of GBX 362.6.
A number of other firms have also recently commented on MERL. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Merlin Entertainments PLC in a research note on Thursday, April 17th. They now have a GBX 430 ($7.22) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Merlin Entertainments PLC from GBX 415 ($6.97) to GBX 430 ($7.22) in a research note on Wednesday, March 12th. They now have an “overweight” rating on the stock. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Merlin Entertainments PLC presently has a consensus rating of “Buy” and an average price target of GBX 404.29 ($6.79).
Merlin Entertainments plc is entertainment company engaged in the operation of visitor attractions and theme park resorts in the United Kingdom, Continental Europe, North America and the Asia Pacific region.
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