MERLIN Properties SOCIMI SA (MRPRF) Gets a Buy from Barclays
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 05 2025
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Source: Business Insider
Analyst Rating and Performance: Celine Huynh from Barclays has maintained a Buy rating on MERLIN Properties SOCIMI SA with a price target of €14.60, while the stock currently trades at $11.57. The company has a Strong Buy consensus among analysts with a price target average of $13.85.
Financial Performance and Insider Activity: MERLIN Properties reported a quarterly revenue of $126.43 million and a net profit of $67.98 million for the quarter ending June 30, showing significant improvement compared to the previous year's loss. Additionally, there is positive insider sentiment as 11 insiders have increased their share purchases recently.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
