Follow The Ratings: JP Morgan Cazenove Analyst Reaffirmed GBX 450.00 Price Target on Merlin Entertainments (LON:MERL) stock, While Reiterating “Neutral” Rating

November 24, 2016 - By Peter Kolinski

Merlin Entertainments (LON:MERL) Rating

In analysts report revealed on 24 November, Merlin Entertainments (LON:MERL) stock had its “Neutral” Rating reaffirmed by research analysts at JP Morgan Cazenove. They currently have a GBX 450.00 PT on company. JP Morgan Cazenove’s target gives a potential upside of 3.35% from the company’s close price.

Merlin Entertainments PLC (LON:MERL) Ratings Coverage

Out of 15 analysts covering Merlin Entertainments PLC (LON:MERL), 9 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 60% are positive. GBX 540 is the highest target while GBX 400 is the lowest. The GBX 476.38 average target is 9.26% above today’s (GBX 436) stock price. Merlin Entertainments PLC has been the topic of 85 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The rating was maintained by Deutsche Bank on Friday, November 18 with “Buy”. The rating was maintained by Panmure Gordon on Thursday, April 21 with “Buy”. On Tuesday, November 3 the stock rating was maintained by Barclays Capital with “Overweight”. The firm earned “Underweight” rating on Thursday, February 18 by JP Morgan. Jefferies maintained Merlin Entertainments PLC (LON:MERL) rating on Friday, August 7. Jefferies has “Buy” rating and GBX 470 price target. The rating was maintained by Beaufort Securities with “Buy” on Friday, July 29. As per Tuesday, July 28, the company rating was maintained by Beaufort Securities. JP Morgan upgraded Merlin Entertainments PLC (LON:MERL) on Wednesday, June 29 to “Neutral” rating. The stock of Merlin Entertainments PLC (LON:MERL) has “Hold” rating given on Friday, August 21 by Numis Securities. JP Morgan maintained Merlin Entertainments PLC (LON:MERL) on Wednesday, December 2 with “Neutral” rating.

About 910,995 shares traded hands. Merlin Entertainments PLC (LON:MERL) has declined 1.24% since April 26, 2016 and is downtrending. It has underperformed by 6.65% the S&P500.

Merlin Entertainments plc is a United Kingdom entertainment company. The company has a market cap of 4.43 billion GBP. The Firm operates through three business divisions: Midway Attractions, LEGOLAND Parks and Resort Theme Parks. It has a 24.34 P/E ratio. The Company’s 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.

More news for Merlin Entertainments PLC (LON:MERL) were recently published by:, which released: “Merlin Entertainments Gains on Debut After $1.5 Billion IPO” on November 08, 2013. Fool.Co.Uk‘s article titled: “Will a plummeting pound boost tourism shares like Merlin Entertainments plc …” and published on June 24, 2016 is yet another important article.

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