Other analysts also recently issued research reports about the company. Numis Securities reaffirmed a buy rating and set a GBX 454 ($5.93) price objective on shares of Merlin Entertainments in a research note on Monday, October 1st. Morgan Stanley lowered their target price on Merlin Entertainments from GBX 460 ($6.01) to GBX 450 ($5.88) and set an overweight rating for the company in a report on Wednesday, October 17th. Berenberg Bank restated a hold rating and issued a GBX 360 ($4.70) price objective on shares of Merlin Entertainments in a report on Tuesday, October 9th. Royal Bank of Canada began coverage on shares of Merlin Entertainments in a research note on Tuesday, December 4th. They issued an outperform rating and a GBX 375 ($4.90) target price for the company. Finally, Barclays reiterated an overweight rating and issued a GBX 415 ($5.42) target price on shares of Merlin Entertainments in a research note on Wednesday, October 17th. One investment analyst has rated the stock with a sell rating, four have given 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 414.14 ($5.41).
LON:MERL opened at GBX 336.50 ($4.40) on Monday. Merlin Entertainments has a 52-week low of GBX 317.10 ($4.14) and a 52-week high of GBX 537.50 ($7.02).
About Merlin Entertainments
Merlin Entertainments plc operates visitor attraction places worldwide. The company operates midway attractions under the Madame Tussauds, The Eye Brand, SEA LIFE, The Dungeons, LEGOLAND Discovery Centre, Seal Sanctuaries, Blackpool Tower, WILD LIFE, Australian Treetop Adventures, Hotham Alpine Resort, Falls Creek, Shreks Adventure London, and Little BIG City brands.
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