Liberum Capital Reiterates “Hold” Rating for Merlin Entertainments PLC (MERL)

Merlin Entertainments PLC (LON:MERL)‘s stock had its “hold” rating reiterated by research analysts at Liberum Capital in a research report issued to clients and investors on Monday. They presently have a GBX 382 ($5.02) price target on the stock, down from their prior price target of GBX 515 ($6.77). Liberum Capital’s target price suggests a potential upside of 5.96% from the company’s previous close.

MERL has been the topic of several other research reports. Peel Hunt reissued a “buy” rating and set a GBX 530 ($6.97) price target on shares of Merlin Entertainments PLC in a research note on Tuesday, October 17th. Credit Suisse Group raised Merlin Entertainments PLC from a “neutral” rating to an “outperform” rating and reduced their target price for the company from GBX 500 ($6.58) to GBX 440 ($5.79) in a research note on Wednesday, October 18th. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 375 ($4.93) target price on shares of Merlin Entertainments PLC in a research note on Wednesday, August 9th. Shore Capital reaffirmed a “hold” rating on shares of Merlin Entertainments PLC in a research note on Tuesday, October 17th. Finally, Barclays PLC reaffirmed an “overweight” rating and issued a GBX 575 ($7.56) target price on shares of Merlin Entertainments PLC in a research note on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 486.07 ($6.39).

Merlin Entertainments PLC (LON:MERL) opened at GBX 360.60 ($4.74) on Monday. Merlin Entertainments PLC has a 1-year low of GBX 355 ($4.67) and a 1-year high of GBX 537.50 ($7.07).

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In other news, insider Anne-Francoise Nesmes acquired 5,500 shares of the company’s stock in a transaction dated Thursday, October 19th. The stock was acquired at an average cost of GBX 369 ($4.85) per share, for a total transaction of £20,295 ($26,693.41). Also, insider Ken J. Hydon acquired 30,000 shares of the company’s stock in a transaction dated Monday, October 23rd. The shares were purchased at an average price of GBX 376 ($4.95) per share, with a total value of £112,800 ($148,362.49).

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.

Analyst Recommendations for Merlin Entertainments PLC (LON:MERL)

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