Merlin Entertainments PLC (LON:MERL) insider Ken J. Hydon purchased 30,000 shares of the stock in a transaction on Monday, October 23rd. The stock was acquired at an average price of GBX 376 ($4.96) per share, for a total transaction of £112,800 ($148,851.94).

Merlin Entertainments PLC (MERL) traded down 1.47% on Tuesday, hitting GBX 368.40. 5,068,150 shares of the stock traded hands. The stock has a 50 day moving average of GBX 442.20 and a 200 day moving average of GBX 475.00. The firm’s market capitalization is GBX 3.76 billion. Merlin Entertainments PLC has a 52 week low of GBX 355.00 and a 52 week high of GBX 537.50.

The company also recently announced a dividend, which was paid on Monday, September 25th. Stockholders of record on Thursday, August 17th were issued a GBX 2.40 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, August 17th. This represents a dividend yield of 0.51%.

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Several equities research analysts have issued reports on MERL shares. Barclays PLC reiterated an “overweight” rating and issued a GBX 575 ($7.59) price target on shares of Merlin Entertainments PLC in a research note on Thursday, July 13th. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 560 ($7.39) price target on shares of Merlin Entertainments PLC in a research note on Wednesday, September 6th. Beaufort Securities reiterated a “buy” rating on shares of Merlin Entertainments PLC in a research note on Monday, August 7th. Morgan Stanley reiterated an “overweight” rating and issued a GBX 580 ($7.65) price target on shares of Merlin Entertainments PLC in a research note on Tuesday, September 5th. Finally, Peel Hunt upgraded shares of Merlin Entertainments PLC to a “buy” rating and lifted their price target for the company from GBX 450 ($5.94) to GBX 530 ($6.99) in a research note on Friday, August 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of GBX 495.57 ($6.54).

Merlin Entertainments PLC Company Profile

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.

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