Hollywood Bowl Group (LON:BOWL) Earns “Buy” Rating from Berenberg Bank

Hollywood Bowl Group (LON:BOWL)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research note issued on Wednesday, MarketBeat reports. They currently have a GBX 440 ($5.87) price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 54.12% from the company’s current price.

Separately, Shore Capital reissued a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday, February 18th.

Hollywood Bowl Group Trading Up 2.0 %

LON BOWL opened at GBX 285.50 ($3.81) on Wednesday. The company has a current ratio of 0.95, a quick ratio of 1.62 and a debt-to-equity ratio of 143.39. Hollywood Bowl Group has a 1-year low of GBX 235.44 ($3.14) and a 1-year high of GBX 355 ($4.74). The stock has a 50-day moving average of GBX 265.13 and a 200-day moving average of GBX 290.97. The firm has a market cap of £493.11 million, a PE ratio of 13.98, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26.

Insider Activity

In other Hollywood Bowl Group news, insider Ivan Schofield bought 28,300 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was acquired at an average price of GBX 277 ($3.69) per share, with a total value of £78,391 ($104,563.16). Also, insider Darren M. Shapland bought 30,000 shares of the stock in a transaction dated Tuesday, March 11th. The shares were acquired at an average price of GBX 258 ($3.44) per share, with a total value of £77,400 ($103,241.30). Insiders bought a total of 95,800 shares of company stock worth $25,816,600 in the last quarter. 4.36% of the stock is owned by company insiders.

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.