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Pin to quick picksMerlin Entertainments Share News (MERL)

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Merlin Entertainments is a 'sell', Berenberg says

Thu, 21st Mar 2019 11:31

(Sharecast News) - Merlin Entertainments is incorrectly "priced for perfection" and investors should sell the theme park operator's shares, Berenberg analysts said. Berenberg's Owen Shirley and his team cut their recommendation on Merlin shares to 'sell' from 'hold' and reduced their price target to 315p from 340p.Investors are too optimistic about Merlin's growth prospects, according to Berenberg. The Midway division, whose attractions include Madame Tussauds and Blackpool Tower, faces one-off headwinds and is not on as firm a path to growth as the market assumes, they said.Growth is getting tougher at Legoland parks and Merlin's resort theme parks such as Alton Towers will struggle to match 2018's "knockout" performance if temperatures fail to soar again, they added."We struggle to see the company achieving EBIT growth in any division this year, despite its cost-savings plan and continued investment in new sites and hotels," the analysts wrote.Merlin shares fell 5.4% to 348.9p at 12:19 GMT.
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16 Feb 2016 07:28

Merlin Entertainments poaches CFO Nesmes from Dechra

(ShareCast News) - Merlin Entertainment was confident it had made a strong choice on Monday, in appointing Anne-Françoise Nesmes to its board as Chief Financial Officer from 1 August. The FTSE 100 attractions and leisure operator of brands including Sea Life, Legoland and Madame Tussauds said Nesmes

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4 Feb 2016 09:05

Accesso Technology Says 2015 "Comfortably" In Line As 2016 Starts Well

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14 Jan 2016 14:18

FTSE 100 movers: Jakarta bombs force IHG to fall

(ShareCast News) - After a mostly positive week, the FTSE 100 was down 100.16 points (1.68%) to 5,860.81 by mid-afternoon Thursday. InterContinental Hotels Group led the fallers, with TUI AG also featuring in the bottom 10 after a series of bomb blasts rocked Jakarta. A Canadian and an Indonesian w

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14 Jan 2016 10:14

WINNERS & LOSERS SUMMARY: Tesco And Other Retailers Top Leader Board

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14 Jan 2016 09:43

BROKER RATINGS SUMMARY: JPMorgan Cuts Merlin To Underweight

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14 Jan 2016 08:31

LONDON MARKET OPEN: Tesco, Burberry Shine Amid Still Gloomy Markets

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14 Jan 2016 08:14

LONDON BRIEFING: Tesco And Burberry Cheer Market With Improved Sales

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12 Jan 2016 09:59

BROKER RATINGS SUMMARY: Jefferies Boosts Berkeley And Barratt To Buy

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6 Jan 2016 17:18

Merlin Entertainments CFO Andrew Carr To Retire In 2016

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23 Dec 2015 14:35

DIRECTOR DEALINGS: Merlin Non-Executive Director Buys First Shares

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2 Dec 2015 14:07

FTSE 100 movers: Pharma rallies on Morgan Stanley note, but Sage slumps

(ShareCast News) - London's FTSE 100 was up 0.3% to 6,415.44 at 1420 GMT, with pharmaceuticals pacing the advance. Shire, GlaxoSmithKline and AstraZeneca were the standout gainers as the sector got a boost from a note by Morgan Stanley, which double upgraded AZN to 'overweight' from 'underweight' an

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2 Dec 2015 11:30

Wednesday newspaper share tips: Conflicting views on Merlin Entertainments

(ShareCast News) - All eyes were on Merlin Entertainments in the papers on Wednesday. The theme parks group confirmed on Tuesday it is likely to end its rollercoaster year on a stable footing with full year profit forecasts expected to meet lowered expectations despite the continued significant weak

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2 Dec 2015 09:36

BROKER RATINGS SUMMARY: JPMorgan, UBS And Barclays Like Ibstock

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1 Dec 2015 17:06

LONDON MARKET CLOSE: Banks Lead Gains After Successful Stress Tests

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1 Dec 2015 15:07

Broker tips: Babcock, Petra Diamond, Merlin Enetertainments

(ShareCast News) - Babcock is in a sweet-spot strategically, given its growing market and "solid" barriers to entry, but at present there are "too many risks for comfort" around the investment case, analysts said. In a research mote sent to clients, Citi analysts Ed Steele, Marc van'T Sant and Avina

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