Berenberg Bank Reiterates “Buy” Rating for Hollywood Bowl Group (LON:BOWL)

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

, 2019-10-10 01:56:15

Hollywood Bowl Group (LON:BOWL)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a report released on Tuesday, Digital Look reports. They presently have a GBX 280 ($3.66) price target on the stock. Berenberg Bank’s price target points to a potential upside of 23.35% from the stock’s current price.

A number of other research firms also recently issued reports on BOWL. Liberum Capital reissued a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday. JPMorgan Chase & Co. boosted their price target on Hollywood Bowl Group from GBX 260 ($3.40) to GBX 270 ($3.53) and gave the company an “overweight” rating in a research report on Wednesday. Peel Hunt boosted their price target on Hollywood Bowl Group from GBX 275 ($3.59) to GBX 285 ($3.72) and gave the company a “buy” rating in a research report on Tuesday. Finally, Shore Capital reissued a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday. Five research analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and a consensus target price of GBX 278.75 ($3.64).

BOWL stock opened at GBX 227 ($2.97) on Tuesday. The stock has a 50-day moving average price of GBX 224.64 and a two-hundred day moving average price of GBX 225.60. Hollywood Bowl Group has a 12-month low of GBX 175 ($2.29) and a 12-month high of GBX 255 ($3.33). The company has a current ratio of 1.42, a quick ratio of 1.36 and a debt-to-equity ratio of 28.68. The company has a market cap of $340.50 million and a PE ratio of 16.69.

In other news, insider Mathew Hart sold 238,000 shares of the company’s stock in a transaction dated Wednesday, August 21st. The stock was sold at an average price of GBX 228 ($2.98), for a total value of £542,640 ($709,055.27).

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc operates ten-pin bowling centers under the Hollywood Bowl and AMF brands in the United Kingdom. As of September 30, 2018, it operated approximately 50 Hollywood Bowl centers and 8 AMF centers. The company is headquartered in Hemel Hempstead, the United Kingdom.

Featured Story: How is the Producer Price Index calculated?

Analyst Recommendations for Hollywood Bowl Group (LON:BOWL)

Receive News & Ratings for Hollywood Bowl Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Hollywood Bowl Group and related companies with MarketBeat.com’s FREE daily email newsletter.

This content was sourced from the link below. Please visit them directly and follow their site.

Source link

Tell us what you think about this post...

This site uses Akismet to reduce spam. Learn how your comment data is processed.