Merlin Entertainments (MERL) Rating Reiterated by Barclays

Barclays reissued their overweight rating on shares of Merlin Entertainments (LON:MERL) in a report released on Thursday morning. The firm currently has a GBX 400 ($5.43) target price on the stock.

MERL has been the topic of several other research reports. Morgan Stanley cut their price target on shares of Merlin Entertainments from GBX 470 ($6.38) to GBX 460 ($6.24) and set an overweight rating on the stock in a report on Friday, March 2nd. Numis Securities reiterated a buy rating and issued a GBX 454 ($6.16) price target on shares of Merlin Entertainments in a report on Tuesday, February 13th. Deutsche Bank reiterated a buy rating on shares of Merlin Entertainments in a report on Monday, February 19th. Liberum Capital reiterated a hold rating and issued a GBX 360 ($4.88) price target on shares of Merlin Entertainments in a report on Wednesday, March 7th. Finally, Peel Hunt reiterated a buy rating and issued a GBX 375 ($5.09) price target on shares of Merlin Entertainments in a report on Friday, April 27th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of GBX 443.79 ($6.02).

Shares of Merlin Entertainments opened at GBX 371.40 ($5.04) on Thursday, MarketBeat.com reports. Merlin Entertainments has a twelve month low of GBX 317.10 ($4.30) and a twelve month high of GBX 537.50 ($7.29).

The company also recently disclosed a dividend, which was paid on Thursday, May 17th. Stockholders of record on Thursday, April 12th were paid a dividend of GBX 5 ($0.07) per share. This is a boost from Merlin Entertainments’s previous dividend of $2.40. The ex-dividend date was Thursday, April 12th. This represents a dividend yield of 1.34%.

In other news, insider Charles Gurassa acquired 69,504 shares of the company’s stock in a transaction dated Friday, March 2nd. The shares were acquired at an average price of GBX 360 ($4.88) per share, with a total value of £250,214.40 ($339,411.83).

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.

Analyst Recommendations for Merlin Entertainments (LON:MERL)

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