Shares of Merlin Entertainments PLC (LON:MERL) have earned an average rating of “Hold” from the fifteen analysts that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 524.85 ($6.78).
A number of equities analysts recently issued reports on the stock. Berenberg Bank reiterated a “sell” rating and issued a GBX 375 ($4.84) price target on shares of Merlin Entertainments PLC in a research note on Wednesday, August 9th. Beaufort Securities reiterated a “buy” rating on shares of Merlin Entertainments PLC in a research note on Monday, August 7th. Deutsche Bank AG upped their price target on shares of Merlin Entertainments PLC from GBX 530 ($6.84) to GBX 600 ($7.75) and gave the stock a “buy” rating in a research note on Friday, August 18th. HSBC Holdings plc reiterated a “buy” rating and issued a GBX 560 ($7.23) price target on shares of Merlin Entertainments PLC in a research note on Wednesday, June 7th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a GBX 450 ($5.81) price target on shares of Merlin Entertainments PLC in a research note on Wednesday, June 14th.
Merlin Entertainments PLC (LON:MERL) traded down 0.50% on Tuesday, hitting GBX 459.50. 1,220,805 shares of the company were exchanged. The company has a 50 day moving average price of GBX 465.41 and a 200-day moving average price of GBX 485.46. The stock’s market capitalization is GBX 4.68 billion. Merlin Entertainments PLC has a 52 week low of GBX 422.50 and a 52 week high of GBX 537.50.
Merlin Entertainments PLC (LON:MERL) last announced its quarterly earnings results on Friday, August 4th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.04. Merlin Entertainments PLC had a net margin of 5.40% and a return on equity of 5.22%. On average, equities analysts expect that Merlin Entertainments PLC will post $21.83 earnings per share for the current fiscal year.
The firm also recently declared a dividend, which will be paid on Monday, September 25th. Stockholders of record on Thursday, August 17th will be given a dividend of GBX 2.40 ($0.03) per share. This represents a dividend yield of 0.51%. The ex-dividend date is Thursday, August 17th.
About Merlin Entertainments PLC
Merlin Entertainments plc is a United Kingdom-based entertainment company. The Company operates through three business segments: Midway Attractions, LEGOLAND Parks and Resort Theme Parks. Its 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.
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