Reaffirmed: Merlin Entertainments (LON:MERL) Overweight Rating Reaffirmed by Analysts at Barclays; GBX 400.00 Target in Place

May 17, 2018 - By Robert Sims

Merlin Entertainments plc (LON:MERL) Logo

Merlin Entertainments (LON:MERL) Rating Reaffirmed

London: In a note released on Thursday morning, Barclays reiterated their Overweight rating on Merlin Entertainments (LON:MERL) shares. They now have a GBX 400.00 price target on the company. Barclays’s target gives a potential upside of 7.90 % from the company’s previous stock close.

Merlin Entertainments plc (LON:MERL) Ratings Coverage

Among 11 analysts covering Merlin Entertainments PLC (LON:MERL), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Merlin Entertainments PLC has GBX 515 highest and GBX 360 lowest target. GBX 426.18’s average target is 14.75% above currents GBX 371.4 stock price. Merlin Entertainments PLC had 34 analyst reports since November 20, 2017 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Thursday, February 15. The rating was maintained by Morgan Stanley with “Overweight” on Monday, January 8. The rating was maintained by JP Morgan with “Neutral” on Thursday, February 1. The stock has “Buy” rating by Peel Hunt on Tuesday, December 19. The stock of Merlin Entertainments plc (LON:MERL) earned “Buy” rating by Numis Securities on Tuesday, February 13. The stock of Merlin Entertainments plc (LON:MERL) has “Overweight” rating given on Thursday, January 11 by Barclays Capital. The stock has “Overweight” rating by Barclays Capital on Thursday, January 25. As per Thursday, February 22, the company rating was maintained by Barclays Capital. The company was maintained on Thursday, March 22 by Barclays Capital. The stock has “Hold” rating by Liberum Capital on Wednesday, March 7.

The stock increased 0.90% or GBX 3.3 during the last trading session, reaching GBX 371.4. About 2.31M shares traded. Merlin Entertainments plc (LON:MERL) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Merlin Entertainments plc operates visitor attraction places worldwide. The company has market cap of 3.79 billion GBP. The firm operates midway attractions under the Madame Tussauds, The Eye Brand, SEA LIFE, The Dungeons, LEGOLAND Discovery Centres, Seal Sanctuaries, Blackpool Tower, WILD LIFE, Australian Treetop Adventures, Hotham Alpine Resort, Falls Creek, and Shreks Adventure London brands. It has a 18.12 P/E ratio. It also operates LEGOLAND parks under the LEGOLAND Billund, LEGOLAND Windsor, LEGOLAND California, LEGOLAND Deutschland, LEGOLAND Florida, LEGOLAND Malaysia, LEGOLAND Dubai, and LEGOLAND Japan brands; and resort theme parks under the Alton Towers, Chessington World of Adventures, Gardaland, Heide Park, THORPE PARK Resort, and Warwick Castle brand names.

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