Merlin Entertainments PLC (MERL) Stock Rating Reaffirmed by Barclays PLC

Merlin Entertainments PLC (LON:MERL)‘s stock had its “overweight” rating restated by analysts at Barclays PLC in a research report issued on Friday. They presently have a GBX 520 ($6.79) price objective on the stock. Barclays PLC’s price objective indicates a potential upside of 16.70% from the company’s current price.

Several other equities analysts have also recently weighed in on MERL. JPMorgan Chase & Co. upgraded Merlin Entertainments PLC to a “neutral” rating and raised their price target for the company from GBX 440 ($5.74) to GBX 464 ($6.06) in a report on Wednesday, June 29th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 515 ($6.72) price objective on shares of Merlin Entertainments PLC in a research note on Wednesday, July 13th. Beaufort Securities reaffirmed a “buy” rating on shares of Merlin Entertainments PLC in a research note on Friday, July 29th. Finally, Kepler Capital Markets raised their price objective on Merlin Entertainments PLC from GBX 420 ($5.48) to GBX 460 ($6.00) and gave the company a “hold” rating in a research note on Friday, July 29th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of GBX 474.30 ($6.19).

Shares of Merlin Entertainments PLC (LON:MERL) opened at 449.90 on Friday. The stock’s market capitalization is GBX 4.56 billion. Merlin Entertainments PLC has a 52 week low of GBX 316.79 and a 52 week high of GBX 494.90. The company has a 50-day moving average price of GBX 475.86 and a 200 day moving average price of GBX 453.86.

The company also recently announced a dividend, which was paid on Monday, September 19th. Shareholders of record on Thursday, August 11th were given a dividend of GBX 2.20 ($0.03) per share. This represents a 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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