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Merlin Properties Receives Support From JP Morgan

Summary by Merca2.es
JP Morgan analysts have raised Merlin Properties’ target price to 14.50 euros from 13.90 euros with a recommendation to Overweight for a more favorable valuation dynamic in data centers (DC) and profit expectations. In a note to customers, JP Morgan analyzes the mobile elements of phases I and II of Merlin Properties’ data center development, “which increase our BPA estimates to 27 by 16% (PER 16.7 times), and which will be transformers, contrib…
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Merca2.es broke the news in on Saturday, May 24, 2025.
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