Merlin Entertainments (MERL) Downgraded by UBS Group to Sell

UBS Group lowered shares of Merlin Entertainments (LON:MERL) to a sell rating in a research note released on Thursday, investing.thisismoney.co.uk reports. UBS Group currently has GBX 295 ($3.85) price target on the stock, down from their previous price target of GBX 380 ($4.97).

A number of other equities research analysts have also issued reports on MERL. Morgan Stanley reaffirmed an overweight rating on shares of Merlin Entertainments in a research report on Monday. Peel Hunt reaffirmed a buy rating on shares of Merlin Entertainments in a research report on Tuesday, October 23rd. Liberum Capital reaffirmed a hold rating on shares of Merlin Entertainments in a research report on Tuesday, October 16th. Goldman Sachs Group reduced their price target on Merlin Entertainments from GBX 405 ($5.29) to GBX 375 ($4.90) and set a neutral rating on the stock in a research report on Thursday, October 25th. Finally, Barclays reaffirmed an overweight rating and issued a GBX 415 ($5.42) price target on shares of Merlin Entertainments in a research report on Wednesday, October 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of GBX 414.14 ($5.41).

MERL stock traded up GBX 9.30 ($0.12) during mid-day trading on Thursday, reaching GBX 336.50 ($4.40). The company had a trading volume of 1,583,392 shares, compared to its average volume of 4,380,000. Merlin Entertainments has a fifty-two week low of GBX 317.10 ($4.14) and a fifty-two 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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Analyst Recommendations for Merlin Entertainments (LON:MERL)

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