November 24, 2016 - By Adrian Mccoy
JP Morgan Cazenove currently has a GBX 450.00 TP on the 4.42B GBP market cap company or 3.89% upside potential. In an analyst report issued to clients and investors on 24 November, Merlin Entertainments PLC (LON:MERL) stock had its “Neutral” Rating maintained by stock research analysts at JP Morgan Cazenove.
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 9.56% above today’s (GBX 434.8) stock price. Merlin Entertainments PLC has been the topic of 85 analyst reports since July 27, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, July 28 report. The firm earned “Neutral” rating on Friday, September 18 by JP Morgan. The rating was maintained by Citigroup with “Buy” on Monday, November 16. As per Tuesday, June 28, the company rating was maintained by Barclays Capital. The stock of Merlin Entertainments PLC (LON:MERL) has “Buy” rating given on Monday, July 27 by Shore Capital. The company was maintained on Monday, November 30 by Deutsche Bank. The company was maintained on Monday, February 29 by Jefferies. Panmure Gordon maintained the shares of MERL in a report on Tuesday, December 1 with “Buy” rating. The stock of Merlin Entertainments PLC (LON:MERL) has “Buy” rating given on Wednesday, July 13 by Panmure Gordon. The firm has “Buy” rating by Nomura given on Monday, September 14.
About 477,130 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 4.42 billion GBP. The Firm operates through three business divisions: Midway Attractions, LEGOLAND Parks and Resort Theme Parks. It has a 24.27 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: Bloomberg.com, 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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By Adrian Mccoy