34.23% to Target, HSBC Reiterates Buy Rating for Merlin Entertainments PLC (LON:MERL) Stock; China Information Security Technology Has 1 Sentiment

China Information Technology, Inc. provides cloud platform, exchange, and big data solutions for the government, education, healthcare, media, transportation, and other private sectors in the People's Republic of China. The company has market cap of $87.30 million. The firm operates in two divisions, Cloud Technology and Traditional Information Technology. It currently has negative earnings. It offers cloud software as a service to automate the interactive workflow between advertising agencies and their customers, including establishing new projects, submitting advertisement proposals, revising and approving ad proposals, processing payment online, remotely uploading advertisement content, and tracking and analyzing performance data.

They currently have a GBX 450.00 target price on Merlin Entertainments PLC (LON:MERL). HSBC’s target would suggest a potential upside of 34.23% from the company’s last stock close. This was shown in a research note on Friday morning.

California Public Employees Retirement System holds 0% of its portfolio in China Information Technology, Inc. for 44,800 shares. Citadel Advisors Llc owns 14,471 shares or 0% of their US portfolio. Moreover, Deutsche Bank Ag has 0% invested in the company for 56,400 shares. The Massachusetts-based Geode Capital Management Llc has invested 0% in the stock. Renaissance Technologies Llc, a New York-based fund reported 199,300 shares.

The stock increased 1.88% or $0.04 during the last trading session, reaching $2.17. About 223,758 shares traded. China Information Technology, Inc. (CNIT) has declined 17.65% since February 16, 2017 and is downtrending. It has underperformed by 34.35% the S&P500.

Merlin Entertainments plc operates visitor attraction places worldwide. The company has market cap of 3.49 billion GBP. The firm operates midway attractions under the Madame Tussauds, The Eye Brand, SEA LIFE, The Dungeons, LEGOLAND Discovery Centres, Seal Sanctuaries, Blackpool Tower, WILD LIFE, Australian Treetop Adventures, Hotham Alpine Resort, Falls Creek, and Shreks Adventure London brands. It has a 16.55 P/E ratio. It also operates LEGOLAND parks under the LEGOLAND Billund, LEGOLAND Windsor, LEGOLAND California, LEGOLAND Deutschland, LEGOLAND Florida, LEGOLAND Malaysia, LEGOLAND Dubai, and LEGOLAND Japan brands; and resort theme parks under the Alton Towers, Chessington World of Adventures, Gardaland, Heide Park, THORPE PARK Resort, and Warwick Castle brand names.

The stock increased 0.62% or GBX 2.1 during the last trading session, reaching GBX 342.6. About 287,597 shares traded. Merlin Entertainments plc (LON:MERL) has 0.00% since February 16, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 19 analysts covering Merlin Entertainments PLC (LON:MERL), 13 have Buy rating, 1 Sell and 5 Hold. Therefore 68% are positive. Merlin Entertainments PLC has GBX 600 highest and GBX 360 lowest target. GBX 458.06’s average target is 33.70% above currents GBX 342.6 stock price. Merlin Entertainments PLC had 176 analyst reports since July 27, 2015 according to SRatingsIntel. As per Friday, July 29, the company rating was maintained by Barclays Capital. The firm has “Buy” rating by Nomura given on Monday, February 22. The rating was maintained by Beaufort Securities on Friday, September 18 with “Buy”. The company was maintained on Friday, August 12 by JP Morgan. On Friday, September 30 the stock rating was maintained by JP Morgan with “Neutral”. As per Friday, August 7, the company rating was maintained by JP Morgan. Barclays Capital maintained Merlin Entertainments plc (LON:MERL) on Friday, January 22 with “Overweight” rating. The firm has “Overweight” rating given on Thursday, December 21 by Barclays Capital. The stock of Merlin Entertainments plc (LON:MERL) has “Hold” rating given on Thursday, February 9 by Berenberg. The rating was maintained by Barclays Capital with “Overweight” on Friday, February 26.