MERLIN Properties Annual Report 2018 / English

ı 60 ı As of the date of this report, MERLIN is covered by a wide variety of 25 equity research houses. Consensus target price is € 13.36. Broker Report date Recommendation Target price Societe Generale 04-02-19 Neutral 11.30 JB Capital Markets 24-01-19 Buy 15.20 Goldman Sachs 24-01-19 Sell 10.00 Citi 24-01-19 Sell 9.60 Fidentiis 17-01-19 Buy 14.50 Green Street 07-01-19 Neutral 14.90 Barclays 21-11-18 Neutral 10.80 Renta 4 19-11-18 Buy 14.16 Morgan Stanley 07-11-18 Buy 15.00 Intermoney 29-10-18 Buy 13.50 Alantra 29-10-18 Buy 13.85 BBVA 21-09-18 Buy 13.60 Kepler Cheuvreux 17-09-18 Buy 14.30 Exane BNP Paribas 03-09-18 Buy 13.90 ING 08-08-18 Buy 13.30 GVC Gaesco Beka 31-07-18 Buy 14.49 Credit Suisse 31-07-18 Buy 13.50 Mirabaud 31-07-18 Neutral 13.09 Kempen 31-07-18 Neutral 13.40 JP Morgan 31-07-18 Buy 14.00 Bankinter 23-07-18 Buy 12.82 Banco Sabadell 18-07-18 Buy 14.43 BPI/Caixa 13-06-18 Neutral 13.35 Natixis 29-03-18 Buy 14.00 UBS 09-03-18 Buy 13.00 Average 13.36 TARGET PRICES AND ANALYST RECOMMENDATIONS