Hollywood Bowl Group (LON:BOWL) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

Hollywood Bowl Group (LON:BOWL)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Thursday,London Stock Exchange reports. They currently have a GBX 376 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 40.56% from the stock’s previous close.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 440 price target on shares of Hollywood Bowl Group in a research note on Monday, January 19th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Hollywood Bowl Group has a consensus rating of “Buy” and a consensus target price of GBX 394.

Hollywood Bowl Group Stock Performance

Shares of BOWL stock opened at GBX 267.50 on Thursday. The business’s 50-day moving average price is GBX 253.64 and its 200-day moving average price is GBX 265.85. Hollywood Bowl Group has a 12 month low of GBX 227.50 and a 12 month high of GBX 309. The firm has a market capitalization of £448.42 million, a price-to-earnings ratio of 13.28, a PEG ratio of 0.87 and a beta of 0.23. The company has a current ratio of 0.61, a quick ratio of 1.62 and a debt-to-equity ratio of 155.86.

Insider Activity

In other news, insider Asheeka Hyde purchased 1,000 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were purchased at an average cost of GBX 260 per share, with a total value of £2,600. Also, insider Stephen Burns purchased 1,481 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were purchased at an average cost of GBX 243 per share, for a total transaction of £3,598.83. Over the last three months, insiders have bought 4,703 shares of company stock valued at $1,159,829 and have sold 337,043 shares valued at $88,008,421. Insiders own 3.69% 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.