Merlin Entertainments PLC (LON:MERL)‘s stock had its “overweight” rating restated by Barclays PLC in a report released on Monday. They presently have a GBX 520 ($6.50) price target on the stock. Barclays PLC’s target price points to a potential upside of 18.75% from the company’s previous close.
Several other equities analysts also recently issued reports on MERL. Panmure Gordon reiterated a “buy” rating and issued a GBX 515 ($6.43) price objective on shares of Merlin Entertainments PLC in a research report on Thursday, July 28th. Beaufort Securities restated a “buy” rating on shares of Merlin Entertainments PLC in a research report on Friday, July 29th. Kepler Capital Markets boosted their target price on Merlin Entertainments PLC from GBX 420 ($5.25) to GBX 460 ($5.75) and gave the stock a “hold” rating in a research report on Friday, July 29th. JPMorgan Chase & Co. dropped their target price on Merlin Entertainments PLC from GBX 464 ($5.80) to GBX 450 ($5.62) and set a “neutral” rating for the company in a research report on Friday, August 12th. Finally, HSBC began coverage on Merlin Entertainments PLC in a research report on Monday, October 3rd. They set a “buy” rating and a GBX 530 ($6.62) target price for the company. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Merlin Entertainments PLC presently has a consensus rating of “Buy” and an average price target of GBX 476 ($5.95).
Shares of Merlin Entertainments PLC (LON:MERL) remained flat at GBX 437.90 during midday trading on Monday. The stock had a trading volume of 1,209,073 shares. The company’s 50-day moving average price is GBX 445.96 and its 200-day moving average price is GBX 452.36. Merlin Entertainments PLC has a 12-month low of GBX 316.79 and a 12-month high of GBX 494.90. The company’s market capitalization is GBX 4.44 billion.
In other Merlin Entertainments PLC news, insider Anne-Francoise Nesmes bought 4,500 shares of the firm’s stock in a transaction on Monday, October 10th. The stock was purchased at an average cost of GBX 440 ($5.50) per share, with a total value of £19,800 ($24,737.63).