Merlin Entertainments PLC (MERL) Given Consensus Recommendation of “Buy” by Brokerages

Merlin Entertainments PLC (LON:MERL) has been assigned a consensus rating of “Buy” from the fourteen analysts that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 424.80 ($5.55).

Several research firms have issued reports on MERL. Peel Hunt restated a “buy” rating on shares of Merlin Entertainments in a research note on Friday. Goldman Sachs Group decreased their price objective on shares of Merlin Entertainments from GBX 405 ($5.29) to GBX 375 ($4.90) and set a “neutral” rating for the company in a research note on Thursday, October 25th. Morgan Stanley decreased their price objective on shares of Merlin Entertainments from GBX 460 ($6.01) to GBX 450 ($5.88) and set an “overweight” rating for the company in a research note on Wednesday, October 17th. Barclays restated an “overweight” rating and issued a GBX 415 ($5.42) price objective on shares of Merlin Entertainments in a research note on Wednesday, October 17th. Finally, Liberum Capital restated a “hold” rating on shares of Merlin Entertainments in a research note on Tuesday, October 16th.

Shares of MERL stock opened at GBX 335.80 ($4.39) on Monday. Merlin Entertainments has a 12 month low of GBX 317.10 ($4.14) and a 12 month high of GBX 537.50 ($7.02).

Merlin Entertainments (LON:MERL) last issued its earnings results on Thursday, August 2nd. The company reported GBX 3.30 ($0.04) EPS for the quarter, missing analysts’ consensus estimates of GBX 3.40 ($0.04) by GBX (0.10) ($0.00).

Merlin Entertainments Company Profile

Merlin Entertainments plc operates visitor attraction places worldwide. The company operates midway attractions under the Madame Tussauds, The Eye Brand, SEA LIFE, The Dungeons, LEGOLAND Discovery Centre, Seal Sanctuaries, Blackpool Tower, WILD LIFE, Australian Treetop Adventures, Hotham Alpine Resort, Falls Creek, Shreks Adventure London, and Little BIG City brands.

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Analyst Recommendations for Merlin Entertainments (LON:MERL)

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