Merlin Properties’ shares are in the maximum zone after having risen 48.5% from its minimum of four months ago. But the value is still upward. Or at least they consider it Barclays analysts.
The British firm decided yesterday to maintain its recommendation of ‘overflow‘For the socimi, while raising the target price of 12 euros to 14.10 euros per action. This new assessment is a 11% bullish potential compared to current levels.
And Barclays is not one of the most optimistic analysis houses on the future stock market of Socimi. Today Jefferies He has decided to maintain his recommendation of ‘comprar‘, while improving the target price of 12.50 to 15 euros per share. He Potential in this case is 18%.
The truth is that Fundamental analysts agree that they still have a margin of improvement in the medium and long term. According to data collected by Reuters, on average experts suffering from Merlin give him a recommendation of ‘comprar‘, while the target price scale up to 13,62 euros. However, there are some exceptions: Morgan Stanleyfor example, has decided to maintain its recommendation of ‘equal market weight’ with a high target price of 11.50 to 12.50 euros per actionslightly below the current contribution.
Merlin has touched during the day new maximums at 12.71 eurosand a rise of almost 50% since on April 9 its titles came to play an intradiary minimum of 8.48 euros.
He has also exceeded the resistance he had set at 12.69 euros, which were his previous maximums. The medium -term support has been set at 10.17 euros, already long term at 8,298 euros.
Merlin Properties announced last week that it closed the first half of 2025 with total revenues of 275.3 million euros (including gross income of 264.7 million). Ebitda reached 205.3 million, a +9.0% compared to the same period of 2024, the operating benefit 166.6 million (0.30 euros per share), and the net accounting benefit of 512.9 million (0.91 euros per share).
After these accounts, the expected operating benefit (FFO) for 2025 is slightly higher than the one indicated at the beginning of the year, anticipating 0.56 per share euros. Therefore, Socimi has put on the table An improvement in the dividend per share up to 0.42 euros.