MERL has been the subject of a number of other research reports. Berenberg Bank reduced their price target on Merlin Entertainments from GBX 360 ($4.70) to GBX 240 ($3.14) and set a hold rating for the company in a report on Thursday, January 17th. Peel Hunt reaffirmed a buy rating on shares of Merlin Entertainments in a report on Monday, January 7th. Citigroup reissued a buy rating on shares of Merlin Entertainments in a report on Friday, February 22nd. Morgan Stanley reissued an overweight rating on shares of Merlin Entertainments in a report on Monday, January 7th. Finally, Royal Bank of Canada began coverage on Merlin Entertainments in a report on Tuesday, December 4th. They set an outperform rating and a GBX 375 ($4.90) target price for the company. Two analysts have rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 398.90 ($5.21).
Shares of MERL traded up GBX 1.70 ($0.02) during mid-day trading on Thursday, reaching GBX 340 ($4.44). The company had a trading volume of 1,456,387 shares, compared to its average volume of 4,380,000. Merlin Entertainments has a 52-week low of GBX 304.50 ($3.98) and a 52-week high of GBX 415.70 ($5.43). The company has a quick ratio of 0.57, a current ratio of 0.69 and a debt-to-equity ratio of 74.54. The company has a market capitalization of $3.48 billion and a price-to-earnings ratio of 15.11.
The firm also recently disclosed a dividend, which will be paid on Thursday, May 16th. Investors of record on Thursday, April 11th will be given a GBX 5.50 ($0.07) dividend. This represents a yield of 1.51%. This is a positive change from Merlin Entertainments’s previous dividend of $2.50. The ex-dividend date is Thursday, April 11th. Merlin Entertainments’s dividend payout ratio is presently 0.36%.
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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