Merlin Entertainme Spon (NASDAQ:MERLY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Saturday.

According to Zacks, “Merlin Entertainments plc operates visitor attraction places. The Company owns and operates a portfolio of assets including city center and resort-based indoor attractions and national-branded resort theme parks. Its operating business segment consists of Midway Attractions, LEGOLAND Parks and Resort Theme Parks. Merlin Entertainments plc is headquartered in Poole, the United Kingdom. “

Shares of Merlin Entertainme Spon (NASDAQ MERLY) traded up 4.02% during mid-day trading on Friday, hitting $12.94. The stock had a trading volume of 141 shares. Merlin Entertainme Spon has a 12 month low of $10.26 and a 12 month high of $14.82. The firm has a market capitalization of $6.60 billion and a price-to-earnings ratio of 24.23.

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