Merlin Entertainments PLC (LON:MERL)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 355 ($4.72) and last traded at GBX 378 ($5.02), with a volume of 36,237,643 shares traded. The stock had previously closed at GBX 449.70 ($5.98).
A number of equities analysts have recently commented on the company. Beaufort Securities reaffirmed a “buy” rating on shares of Merlin Entertainments PLC in a report on Monday, August 7th. Shore Capital reaffirmed a “hold” rating on shares of Merlin Entertainments PLC in a report on Friday, August 4th. Liberum Capital initiated coverage on Merlin Entertainments PLC in a report on Wednesday, July 5th. They issued a “hold” rating and a GBX 515 ($6.84) price target for the company. Numis Securities Ltd reiterated an “add” rating and issued a GBX 553 ($7.35) price objective on shares of Merlin Entertainments PLC in a research report on Monday. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 530 ($7.04) price objective on shares of Merlin Entertainments PLC in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the stock. Merlin Entertainments PLC presently has a consensus rating of “Buy” and an average price target of GBX 527.71 ($7.01).
The firm’s 50 day moving average price is GBX 453.94 and its 200-day moving average price is GBX 478.58. The stock’s market cap is GBX 3.85 billion.
The business also recently disclosed a dividend, which was paid on Monday, September 25th. Shareholders of record on Thursday, August 17th were issued a dividend of GBX 2.40 ($0.03) per share. This represents a dividend yield of 0.51%. The ex-dividend date was 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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