A statement released earlier today by JP Morgan Cazenove about Merlin Entertainments PLC (LON:MERL) bumps down the target price to 430.00GBX
- Updated: September 29, 2016
Boasting a price of 461.50GBX, Merlin Entertainments PLC (LON:MERL) traded -5.41% lower on the day. With the last stock price close up -2.20% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Merlin Entertainments PLC has recorded a 50-day average of 478.70GBX and a two hundred day average of 454.20GBX. Volume of trade was up over the average, with 2,187,460 shares of MERL changing hands over the typical 1,589,240
JP Morgan Cazenove bumped down the target of Merlin Entertainments PLC (LON:MERL) to 430.00GBX stating a potential downside of -0.07%.
On Thursday September 29, 2016, Panmure Gordon released a statement for Merlin Entertainments PLC (LON:MERL) maintained the target price at 515.00GBX that suggested an upside of 0.16%.
Merlin Entertainments PLC has a 52 week low of 316.79GBX and a 52 week high of 494.90GBX with a P/E ratio of 24.82 The company’s market cap is currently 0 GBX.
In addition to JP Morgan Cazenove reporting its target price, a total of 11 firms have reported on the stock. The consensus target price is 485.82GBX with 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 4 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Merlin Entertainments PLC (LON:MERL)
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. The Midway Attractions segment operates approximately 100 attractions in over 21 countries across over four continents. The LEGOLAND Parks includes LEGO themed accommodation, rides and shows. The LEGOLAND Parks operate over six attractions in approximately five countries across over three continents. The Resort Theme Parks include accommodation, rides and shows. The Resort Theme Parks segment operates over six attractions in the United Kingdom, Germany and Italy. Its subsidiaries include AAE Unit Trust, AQDEV Pty Limited and Aquia Pty Ltd.
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