Merlin Properties stock: At minus 3.92 percent, Merlin Properties stock falls on BME

Published on 10/19/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies targets EUR 16.00 on October 19, 2026. Merlin Properties stock costs EUR 11.47 on October 19, 2026, down 3.92 percent on BME.

Analyst target and reporting date

Jefferies maintained a EUR 16.00 target for Merlin Properties on October 19, 2026.
Merlin Properties is scheduled to report nine-month results on November 13, 2026.
Merlin Properties stock costs EUR 11.47 at Lang & Schwarz on October 19, 2026 at 3:10 p.m. CEST, down 3.92 percent on BME.
Merlin Properties has a P/E ratio of 8.14 and a market capitalization of EUR 7.1 billion.

Merlin Properties, ES0105025003, Illustration mit AI erstellt.

Jefferies maintained its Buy recommendation and a EUR 16.00 price target for Merlin Properties on October 19, 2026, according to Merca2. Against the EUR 11.47 Lang & Schwarz price, that target is 39.49 percent higher. Merlin Properties stock was down 3.92 percent on BME during the session.

Target leaves room above the price

The analyst view gives the market a concrete valuation reference while data center exposure remains central to the investment case. Merca2 reported that Jefferies sees CoreWeave concentration as a risk, while contractual guarantees, installed equipment and scarce connected power could support future re-leasing.

Results date gives the next marker

Merlin Properties is scheduled to publish its nine-month 2026 results on November 13, 2026, according to Merca2. The date is the next calendar point for testing rental growth, occupancy and the data center pipeline.

Price position and valuation

Merlin Properties has a market capitalization of EUR 7.1 billion and a P/E ratio of 8.14. The finance data quote places Colonial SFL at a EUR 3.0 billion market capitalization and a P/E ratio of 8.47, while Promotora de Informaciones has a EUR 269.5 million market capitalization and a negative P/E ratio of 20.45. The comparison frames Merlin as the larger listed real estate company among these two Spanish names, without turning the figures into a valuation recommendation.

Historically, Merlin Properties reported EUR 138.0 million in total revenue and EUR 84.2 million in FFO for the first quarter of 2025, up 8.4 percent and 16.9 percent year over year, respectively, in the company release dated May 13, 2025. Occupancy stood at 96.7 percent in that period. The figures provide operating context, but they predate the current analyst note.

Comparison with peers

Merlin Properties: minus 3.92 percent, P/E 8.14, market capitalization EUR 7.1 billion

Colonial SFL (BME, EUR): minus 1.25 percent, P/E 8.47, market capitalization EUR 3.0 billion

Promotora de Informaciones (BME, EUR): minus 4.44 percent, P/E minus 20.45, market capitalization EUR 269.5 million

Price and next date

Merlin Properties stock was trading at EUR 11.47 at Lang & Schwarz on October 19, 2026 at 3:10 p.m. CEST. The BME session move was down 3.92 percent, while Jefferies placed its target at EUR 16.00 on October 19, 2026. The company is scheduled to report nine-month results on November 13, 2026.

The price position combines a same-day decline with a dated analyst target and a defined reporting date. For investors, the November release is the next test of whether operating figures can support the valuation reference.

The further course of trading is shown by the continuously updated real-time quote of Merlin Properties stock.