Ten Entertainment Group plc (LON:TEG) Receives Average Rating of “Buy” from Analysts

Ten Entertainment Group plc (LON:TEGGet Rating) has been given a consensus rating of “Buy” by the seven ratings firms that are covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a buy recommendation. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 327.14 ($4.03).

Separately, Berenberg Bank boosted their price objective on Ten Entertainment Group from GBX 325 ($4.01) to GBX 350 ($4.31) and gave the company a “buy” rating in a research report on Monday, April 4th.

Ten Entertainment Group stock opened at GBX 253.50 ($3.13) on Monday. The stock has a market capitalization of £173.31 million and a PE ratio of 43.27. Ten Entertainment Group has a 12 month low of GBX 214.25 ($2.64) and a 12 month high of GBX 285.01 ($3.51). The business has a 50 day simple moving average of GBX 252.05 and a 200-day simple moving average of GBX 255.20. The company has a debt-to-equity ratio of 615.02, a current ratio of 0.60 and a quick ratio of 0.41.

In other news, insider Antony Smith sold 32,167 shares of Ten Entertainment Group stock in a transaction that occurred on Wednesday, May 18th. The stock was sold at an average price of GBX 255 ($3.14), for a total value of £82,025.85 ($101,116.68).

About Ten Entertainment Group (Get Rating)

Ten Entertainment Group plc, together with its subsidiaries, engages in tenpin bowling operations in the United Kingdom. The company operates 46 bowling sites with approximately 1,101 bowling lanes under the Tenpin brand. It also provides family entertainment space, soft plays, laser tag arenas, karaoke rooms, escape rooms, pool tables, and amusement machines.

Further Reading

Analyst Recommendations for Ten Entertainment Group (LON:TEG)

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