Merlin Entertainments PLC (MERL) Earns “Overweight” Rating from Barclays PLC

Merlin Entertainments PLC (LON:MERL)‘s stock had its “overweight” rating restated by Barclays PLC in a report released on Thursday. They currently have a GBX 520 ($6.79) price target on the stock. Barclays PLC’s target price indicates a potential upside of 9.94% from the company’s current price.

MERL has been the subject of a number of other reports. JPMorgan Chase & Co. upgraded shares of Merlin Entertainments PLC to a “neutral” rating and upped their price objective for the stock from GBX 440 ($5.74) to GBX 464 ($6.06) in a report on Wednesday, June 29th. Beaufort Securities reissued a “buy” rating on shares of Merlin Entertainments PLC in a research report on Friday, July 29th. Panmure Gordon reissued a “buy” rating and set a GBX 515 ($6.72) target price on shares of Merlin Entertainments PLC in a research report on Wednesday, July 13th. Finally, Kepler Capital Markets boosted their target price on shares of Merlin Entertainments PLC from GBX 420 ($5.48) to GBX 460 ($6.00) and gave the stock a “hold” rating in a research report on Friday, July 29th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of GBX 476.30 ($6.22).

Merlin Entertainments PLC (LON:MERL) opened at 474.20 on Thursday. The firm’s market capitalization is GBX 4.81 billion. Merlin Entertainments PLC has a 52 week low of GBX 316.79 and a 52 week high of GBX 494.90. The firm has a 50-day moving average price of GBX 478.59 and a 200-day moving average price of GBX 453.15.

The business also recently disclosed a dividend, which was paid on Monday, September 19th. Stockholders of record on Thursday, August 11th were given a dividend of GBX 2.20 ($0.03) per share. This represents a dividend yield of 0.47%. The ex-dividend date of this dividend was Thursday, August 11th.

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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