Hollywood Bowl Group (LON:BOWL) Price Target Raised to GBX 450 at Berenberg Bank

Hollywood Bowl Group (LON:BOWL) had its price target upped by equities research analysts at Berenberg Bank from GBX 440 to GBX 450 in a research note issued to investors on Wednesday,Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 50.00% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 376 target price on shares of Hollywood Bowl Group in a report on Thursday, April 16th. Shore Capital Group reiterated a “buy” rating and issued a GBX 325 target price on shares of Hollywood Bowl Group in a report on Wednesday. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, Hollywood Bowl Group currently has an average rating of “Buy” and a consensus target price of GBX 392.75.

Hollywood Bowl Group Stock Performance

Shares of BOWL opened at GBX 300 on Wednesday. The company has a market capitalization of £502.92 million, a PE ratio of 14.90, a price-to-earnings-growth ratio of 0.87 and a beta of 0.34. Hollywood Bowl Group has a one year low of GBX 227.50 and a one year high of GBX 309. The company has a debt-to-equity ratio of 155.86, a current ratio of 0.61 and a quick ratio of 1.62. The company’s fifty day moving average price is GBX 252.41 and its 200 day moving average price is GBX 263.74.

Hollywood Bowl Group (LON:BOWL) last announced its earnings results on Wednesday, May 27th. The company reported GBX 14.51 EPS for the quarter. The firm had revenue of £141.54 million for the quarter. Hollywood Bowl Group had a net margin of 13.81% and a return on equity of 22.81%. As a group, analysts expect that Hollywood Bowl Group will post 22.5511696 earnings per share for the current year.

Insider Buying and Selling at Hollywood Bowl Group

In related news, insider Stephen Burns purchased 1,481 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were bought at an average cost of GBX 243 per share, for a total transaction of £3,598.83. Also, insider Melanie Dickinson purchased 2,222 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was bought at an average price of GBX 243 per share, for a total transaction of £5,399.46. Company insiders own 3.56% of the company’s stock.

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc is a leading international leisure operator of ten-pin bowling and mini-golf centres, bringing families and friends together for affordable fun and safe, healthy competition.

Our unique purpose-led culture and proven investment-led strategy are enabling us to capitalise on the significant growth opportunities in the markets we operate in, and achieve strong returns on capital invested.

We are market leader in the UK and Canada, and one of the largest operators of ten-pin bowling centres in the world.