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

Hollywood Bowl Group (LON:BOWLGet Free Report) had its price target boosted by Berenberg Bank from GBX 440 to GBX 450 in a note issued to investors on Wednesday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 50.00% from the stock’s current price.

Other equities 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 research 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 research report on Wednesday. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 392.75.

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Hollywood Bowl Group Stock Up 15.4%

BOWL stock opened at GBX 300 on Wednesday. Hollywood Bowl Group has a 12-month low of GBX 227.50 and a 12-month high of GBX 309. The company has a quick ratio of 1.62, a current ratio of 0.61 and a debt-to-equity ratio of 155.86. The company has a market cap of £502.92 million, a price-to-earnings ratio of 14.90, a PEG ratio of 0.87 and a beta of 0.34. The company has a 50 day moving average of GBX 252.41 and a two-hundred day moving average of GBX 263.74.

Hollywood Bowl Group (LON:BOWLGet Free Report) last released its earnings results on Wednesday, May 27th. The company reported GBX 14.51 earnings per share (EPS) for the quarter. Hollywood Bowl Group had a net margin of 13.81% and a return on equity of 22.81%. The company had revenue of £141.54 million during the quarter. On average, equities analysts anticipate that Hollywood Bowl Group will post 22.5511696 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Hollywood Bowl Group news, insider Melanie Dickinson purchased 2,222 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were acquired at an average price of GBX 243 per share, for a total transaction of £5,399.46. Also, insider Stephen Burns purchased 1,481 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were acquired at an average price of GBX 243 per share, for a total transaction of £3,598.83. 3.56% of the stock is currently owned by company insiders.

Hollywood Bowl Group Company Profile

(Get Free Report)

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.

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