Merlin Entertainments PLC (LON:MERL)‘s stock had its “buy” rating reaffirmed by analysts at Panmure Gordon in a research report issued on Thursday. They presently have a GBX 515 ($6.72) price target on the stock. Panmure Gordon’s price objective would indicate a potential upside of 17.15% from the stock’s previous close.
A number of other equities analysts have also issued reports on the company. Barclays PLC reissued an “overweight” rating and set a GBX 520 ($6.79) price target on shares of Merlin Entertainments PLC in a report on Friday, September 9th. JPMorgan Chase & Co. lowered their price target on Merlin Entertainments PLC from GBX 464 ($6.06) to GBX 450 ($5.87) and set a “neutral” rating on the stock in a report on Friday, August 12th. Kepler Capital Markets raised their price target on Merlin Entertainments PLC from GBX 420 ($5.48) to GBX 460 ($6.00) and gave the stock a “hold” rating in a report on Friday, July 29th. Finally, Beaufort Securities reaffirmed a “buy” rating on shares of Merlin Entertainments PLC in a report on Friday, July 29th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of GBX 474.30 ($6.19).
Shares of Merlin Entertainments PLC (LON:MERL) opened at 443.40 on Thursday. Merlin Entertainments PLC has a 52 week low of GBX 316.79 and a 52 week high of GBX 494.90. The stock has a 50 day moving average price of GBX 476.71 and a 200-day moving average price of GBX 453.82. The stock’s market cap is GBX 4.50 billion.
The company also recently declared a dividend, which was paid on Monday, September 19th. Stockholders of record on Thursday, August 11th were paid a dividend of GBX 2.20 ($0.03) per share. This represents a dividend yield of 0.47%. The ex-dividend date was Thursday, August 11th.
About Merlin Entertainments PLC
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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