Merlin Entertainments PLC’s Buy Rating Reiterated at Jefferies Group (MERL)
Merlin Entertainments PLC (LON:MERL)‘s stock had its “buy” rating restated by investment analysts at Jefferies Group in a note issued to investors on Tuesday. They currently have a GBX 420 ($6.97) target price on the stock. Jefferies Group’s price target suggests a potential upside of 19.22% from the company’s current price.
Shares of Merlin Entertainments PLC (LON:MERL) traded up 1.24% on Tuesday, hitting GBX 352.30. The stock had a trading volume of 414,402 shares. Merlin Entertainments PLC has a one year low of GBX 320.00 and a one year high of GBX 391.50. The stock has a 50-day moving average of GBX 343. and a 200-day moving average of GBX 357.7. The company’s market cap is £3.571 billion.
The company also recently announced a dividend, which is scheduled for Thursday, September 25th. Stockholders of record on Wednesday, August 27th will be paid a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 0.56%. The ex-dividend date is Wednesday, August 27th.
MERL has been the subject of a number of other recent research reports. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Merlin Entertainments PLC in a research note on Friday, August 1st. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Merlin Entertainments PLC in a research note on Friday, August 1st. They now have a GBX 380 ($6.31) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Merlin Entertainments PLC in a research note on Tuesday, July 29th. They now have a GBX 430 ($7.14) price target on the stock. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 405.86 ($6.74).
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.
Receive News & Ratings for Merlin Entertainments PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merlin Entertainments PLC and related companies with Analyst Ratings Network's FREE daily email newsletter.