Merlin Entertainments PLC Given “Buy” Rating at Deutsche Bank (MERL)
Merlin Entertainments PLC (LON:MERL)‘s stock had its “buy” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Tuesday. They currently have a GBX 430 ($7.30) price target on the stock. Deutsche Bank’s price target points to a potential upside of 21.99% from the company’s current price.
Merlin Entertainments PLC (LON:MERL) traded up 2.17% on Tuesday, hitting GBX 352.50. The stock had a trading volume of 237,340 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 354.8 and a 200-day moving average of GBX 361.5. The company’s market cap is £6.271 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Merlin Entertainments PLC in a research note on Tuesday, July 1st. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Merlin Entertainments PLC in a research note on Monday, June 30th. They now have a GBX 446 ($7.57) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Merlin Entertainments PLC in a research note on Tuesday, June 24th. They now have a GBX 380 ($6.45) price target on the stock. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 406.57 ($6.90).
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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