Liberum Capital Cuts Merlin Entertainments (MERL) Price Target to GBX 360

Merlin Entertainments (LON:MERL) had its target price decreased by Liberum Capital from GBX 382 ($5.18) to GBX 360 ($4.88) in a research report released on Monday. Liberum Capital currently has a hold rating on the stock.

Several other research firms also recently weighed in on MERL. Citigroup reaffirmed a buy rating and issued a GBX 565 ($7.66) price objective on shares of Merlin Entertainments in a research note on Friday, October 6th. Numis Securities reissued an add rating and set a GBX 553 ($7.50) price target on shares of Merlin Entertainments in a research report on Monday, October 16th. Peel Hunt reissued a buy rating and set a GBX 530 ($7.19) price target on shares of Merlin Entertainments in a research report on Tuesday, October 17th. Shore Capital reissued a hold rating on shares of Merlin Entertainments in a research report on Tuesday, October 17th. Finally, Barclays reissued an overweight rating and set a GBX 575 ($7.80) price target on shares of Merlin Entertainments in a research report on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the company’s stock. Merlin Entertainments currently has a consensus rating of Buy and a consensus price target of GBX 474.86 ($6.44).

Merlin Entertainments (LON:MERL) traded up GBX 0.62 ($0.01) during midday trading on Monday, reaching GBX 364.12 ($4.94). The company had a trading volume of 3,920,000 shares, compared to its average volume of 3,250,000. Merlin Entertainments has a 12-month low of GBX 343.40 ($4.66) and a 12-month high of GBX 537.50 ($7.29). The stock has a market cap of $3,710.00 and a P/E ratio of 1,733.90.

In other Merlin Entertainments news, insider Ken J. Hydon acquired 30,000 shares of the firm’s stock in a transaction dated Monday, October 23rd. The shares were acquired at an average price of GBX 376 ($5.10) per share, for a total transaction of £112,800 ($152,969.89). Also, insider Anne-Francoise Nesmes acquired 5,500 shares of the firm’s stock in a transaction dated Thursday, October 19th. The shares were acquired at an average price of GBX 369 ($5.00) per share, for a total transaction of £20,295 ($27,522.38).

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Merlin Entertainments 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.

Analyst Recommendations for Merlin Entertainments (LON:MERL)

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