Zacks Investment Research Downgrades Merlin Entertainme Spon (MERLY) to Sell
Merlin Entertainme Spon (NASDAQ:MERLY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Friday.
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. “
Separately, Credit Suisse Group raised Merlin Entertainme Spon from a “neutral” rating to an “outperform” rating in a research report on Wednesday.
Shares of Merlin Entertainme Spon (NASDAQ:MERLY) traded up 7.43% during midday trading on Friday, reaching $10.85. The company had a trading volume of 1,236 shares. The company has a market capitalization of $5.53 billion and a PE ratio of 19.87. Merlin Entertainme Spon has a 12-month low of $10.26 and a 12-month high of $14.82.
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