Ten Entertainment Group (LON:TEG) PT Raised to GBX 329

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, 2018-05-07 20:28:06

Ten Entertainment Group (LON:TEG) had its target price lifted by analysts at Numis Securities from GBX 327 ($4.44) to GBX 329 ($4.46) in a note issued to investors on Thursday, April 19th. The firm presently has a “buy” rating on the stock. Numis Securities’ price target indicates a potential upside of 32.66% from the stock’s current price.

Several other equities research analysts have also recently issued reports on TEG. Peel Hunt raised their price target on shares of Ten Entertainment Group from GBX 250 ($3.39) to GBX 300 ($4.07) and gave the stock a “buy” rating in a research note on Thursday, January 11th. Berenberg Bank initiated coverage on shares of Ten Entertainment Group in a research report on Tuesday, April 3rd. They issued a “buy” rating and a GBX 300 ($4.07) target price on the stock.

Shares of Ten Entertainment Group stock traded down GBX 6 ($0.08) during mid-day trading on Thursday, hitting GBX 248 ($3.36). 33,460 shares of the stock were exchanged, compared to its average volume of 7,966. Ten Entertainment Group has a twelve month low of GBX 152 ($2.06) and a twelve month high of GBX 274.50 ($3.72).

In related news, insider Alan Michael Hand sold 217,037 shares of the firm’s stock in a transaction that occurred on Thursday, April 26th. The shares were sold at an average price of GBX 240 ($3.26), for a total value of £520,888.80 ($706,577.32).

About Ten Entertainment Group

Ten Entertainment Group plc, together with its subsidiaries, engages in ten-pin bowling operations in the United Kingdom. The company operates 40 ten-pin bowling sites with approximately 1,000 bowling lanes under the Tenpin brand. It also engages in amusement machine, table tennis, soft play, laser game, pool table, and restaurant and bar activities.

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