Merlin Entertainments PLC (LON:MERL) Rating Reaffirmed
Equity analysts at Barclays Capital now has a GBX 480.00 TP on Merlin Entertainments PLC (LON:MERL). Barclays Capital and their recent TP implies a potential upside of 14.97% from the company’s current stock price. The rating has been unveiled in analysts note on Wednesday, 2 December.
From a total of 15 analysts covering Merlin Entertainments PLC (LON:MERL) stock, 9 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is GBX 485 while the lowest target price is GBX 400. The mean of all analyst targets is GBX 453.27 with a 9.89% above today’s (GBX 417.5) stock price. Merlin Entertainments PLC was the topic of 35 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 2 with “Buy” rating. Barclays Capital maintained shares with “Overweight” rating and GBX 480 target share price in a report from a November 3. Panmure Gordon maintained MERL stock in a recent report from December 1 with “Buy” rating. Nomura maintained the rating on October 7. Nomura has a “Buy” rating and a GBX 443 price target on shares. Finally, Credit Suisse maintained the stock with “Neutral” rating in a report issued on a November 30.
Approximately 5,173 shares of stock traded hands. Merlin Entertainments PLC (LON:MERL) has declined 3.82% since May 5, 2015 and is downtrending. It has underperformed by 3.62% the S&P500.
Merlin Entertainments plc is a United Kingdom entertainments company. The company has a market cap of 4.23 billion GBP. The Firm operates around 105 attractions in 23 countries across four continents. It has 26.81 P/E ratio. The Firm operates through three business divisions: Midway Attractions, LEGOLAND Parks and Resort Theme Parks.