Merlin Entertainments PLC (LON:MERL) had its price target lowered by research analysts at JPMorgan Chase & Co. from GBX 450 ($5.87) to GBX 430 ($5.61) in a report released on Friday. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target would indicate a potential downside of 2.74% from the company’s previous close.
Other analysts have also issued research reports about the company. Panmure Gordon reiterated a “buy” rating and issued a GBX 515 ($6.72) target price on shares of Merlin Entertainments PLC in a research note on Thursday. Barclays PLC reiterated an “overweight” rating and issued a GBX 500 ($6.53) target price on shares of Merlin Entertainments PLC in a research note on Tuesday, June 28th. Kepler Capital Markets increased their target price on Merlin Entertainments PLC from GBX 420 ($5.48) to GBX 460 ($6.00) and gave the stock a “hold” rating in a research note on Friday, July 29th. Finally, Beaufort Securities reiterated a “buy” rating on shares of Merlin Entertainments PLC in a research note on Friday, July 29th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Merlin Entertainments PLC presently has a consensus rating of “Buy” and an average price target of GBX 474.30 ($6.19).
Merlin Entertainments PLC (LON:MERL) opened at 442.10 on Friday. The firm has a 50-day moving average price of GBX 477.69 and a 200-day moving average price of GBX 453.92. The stock’s market cap is GBX 4.48 billion. Merlin Entertainments PLC has a 12 month low of GBX 316.79 and a 12 month high of GBX 494.90.
The business also recently disclosed a dividend, which was paid on Monday, September 19th. Investors of record on Thursday, August 11th were given a dividend of GBX 2.20 ($0.03) per share. This represents a yield of 0.47%. The ex-dividend date of this dividend was Thursday, August 11th.
Merlin Entertainments PLC Company Profile
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.
Receive News & Ratings for Merlin Entertainments PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merlin Entertainments PLC and related companies with MarketBeat.com's FREE daily email newsletter.