Merlin Entertainments PLC (LON:MERL)‘s stock had its “buy” rating restated by research analysts at HSBC Holdings plc in a report released on Wednesday, reports. They currently have a GBX 560 ($7.23) target price on the stock. HSBC Holdings plc’s target price would indicate a potential upside of 21.87% from the stock’s current price.

Other research analysts have also issued research reports about the stock. Barclays PLC restated an “overweight” rating and set a GBX 575 ($7.43) price target on shares of Merlin Entertainments PLC in a research note on Thursday, July 13th. Beaufort Securities reaffirmed a “buy” rating on shares of Merlin Entertainments PLC in a report on Monday, August 7th. Morgan Stanley reaffirmed an “overweight” rating and set a GBX 580 ($7.49) price objective on shares of Merlin Entertainments PLC in a report on Tuesday, September 5th. Shore Capital reaffirmed a “hold” rating on shares of Merlin Entertainments PLC in a report on Tuesday, June 13th. Finally, Peel Hunt raised shares of Merlin Entertainments PLC to a “buy” rating and increased their price target for the company from GBX 450 ($5.81) to GBX 530 ($6.84) in a report on Friday, August 4th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company’s stock. Merlin Entertainments PLC presently has an average rating of “Hold” and a consensus price target of GBX 524.85 ($6.78).

Shares of Merlin Entertainments PLC (LON MERL) traded down 0.50% on Wednesday, hitting GBX 459.50. 1,220,805 shares of the stock were exchanged. The firm’s 50-day moving average is GBX 465.41 and its 200-day moving average is GBX 485.46. The company’s market cap is GBX 4.68 billion. Merlin Entertainments PLC has a one year low of GBX 422.50 and a one year high of GBX 537.50.

Merlin Entertainments PLC (LON:MERL) last issued its quarterly earnings results on Friday, August 4th. The company reported $0.04 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.04. Merlin Entertainments PLC had a net margin of 5.40% and a return on equity of 5.22%. On average, equities analysts forecast that Merlin Entertainments PLC will post $21.83 EPS for the current fiscal year.

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About Merlin Entertainments PLC

Merlin Entertainments plc is a United Kingdom-based entertainment company. The Company operates through three business segments: Midway Attractions, LEGOLAND Parks and Resort Theme Parks. Its products include Midway attractions, which are smaller, indoor attractions located in city centers or resorts, and Theme parks, which are larger multi-day destination venues, with on-site themed accommodation.

Analyst Recommendations for Merlin Entertainments PLC (LON:MERL)

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