Merlin Entertainments PLC (LON:MERL)‘s stock had its “buy” rating reiterated by equities research analysts at Panmure Gordon in a report issued on Tuesday. They presently have a GBX 515 ($6.39) price target on the stock. Panmure Gordon’s target price suggests a potential upside of 18.23% from the company’s previous close.
A number of other equities research analysts also recently commented on the company. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 450 ($5.58) target price on shares of Merlin Entertainments PLC in a report on Thursday, November 24th. Barclays PLC reissued an “overweight” rating and issued a GBX 520 ($6.45) target price on shares of Merlin Entertainments PLC in a report on Monday, November 21st. Deutsche Bank AG reissued a “buy” rating on shares of Merlin Entertainments PLC in a report on Friday, November 18th. Berenberg Bank assumed coverage on Merlin Entertainments PLC in a research note on Friday, November 4th. They set a “hold” rating and a GBX 440 ($5.46) price target for the company. Finally, HSBC assumed coverage on Merlin Entertainments PLC in a research note on Monday, October 3rd. They set a “buy” rating and a GBX 530 ($6.57) price target for the company. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of GBX 476 ($5.90).
Shares of Merlin Entertainments PLC (LON:MERL) opened at 436.20 on Tuesday. The stock’s market cap is GBX 4.42 billion. The company has a 50 day moving average of GBX 445.36 and a 200-day moving average of GBX 452.54. Merlin Entertainments PLC has a one year low of GBX 316.79 and a one year high of GBX 494.90.
In other Merlin Entertainments PLC news, insider Anne-Francoise Nesmes purchased 4,500 shares of the stock in a transaction on Monday, October 10th. The stock was bought at an average price of GBX 440 ($5.46) per share, for a total transaction of £19,800 ($24,562.71).