Merlin Entertainments (LON:MERL) Rating Reaffirmed
Deutsche now has a GBX 475.00 target PPS on the 4.31 billion GBP market cap company or 11.76% upside potential. In analysts report revealed to clients and investors on Wednesday, 2 December, Merlin Entertainments (LON:MERL) shares have had their “Buy” Rating kept steady by research professionals at Deutsche.
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 7.95% above today’s (GBX 425) stock price. Merlin Entertainments PLC was the topic of 37 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Beaufort Securities maintained shares on December 2 with “Buy” rating. Credit Suisse maintained shares with “Neutral” rating and GBX 450 target share price in a report from a November 30. Deutsche Bank maintained MERL stock in a recent report from December 2 with “Buy” rating. UBS maintained the rating on November 30. UBS has a “Buy” rating and a GBX 485 price target on shares. Finally, Panmure Gordon maintained the stock with “Buy” rating in a report issued on a December 1.
The stock increased 2.41% or GBX 10 on December 2, striking GBX 425. Approximately 1.77 million shares of stock traded hands or 12.03% up from the average. 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 4.31 billion GBP. The Firm operates around 105 attractions in 23 countries across four continents. It has 27.29 P/E ratio. The Firm operates through three business divisions: Midway Attractions, LEGOLAND Parks and Resort Theme Parks.