Royal Bank Of Canada Lowers Hollywood Bowl Group (LON:BOWL) Price Target to GBX 415

Hollywood Bowl Group (LON:BOWL) had its price target reduced by equities research analysts at Royal Bank Of Canada from GBX 420 to GBX 415 in a research report issued on Monday,London Stock Exchange reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 36.29% from the company’s previous close.

A number of other research firms have also recently weighed in on BOWL. Shore Capital Group reaffirmed a “buy” rating and set a GBX 325 price target on shares of Hollywood Bowl Group in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 376 price target on shares of Hollywood Bowl Group in a report on Thursday. Finally, Berenberg Bank lifted their price target on Hollywood Bowl Group from GBX 440 to GBX 450 and gave the company a “buy” rating in a report on Wednesday, May 27th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Hollywood Bowl Group has a consensus rating of “Buy” and an average price target of GBX 391.50.

Hollywood Bowl Group Stock Performance

BOWL opened at GBX 304.50 on Monday. The business’s 50 day moving average is GBX 255.84 and its 200-day moving average is GBX 264.46. The stock has a market cap of £510.47 million, a PE ratio of 15.12, a price-to-earnings-growth ratio of 0.87 and a beta of 0.34. The company has a current ratio of 0.71, a quick ratio of 1.62 and a debt-to-equity ratio of 149.86. Hollywood Bowl Group has a twelve month low of GBX 227.50 and a twelve month high of GBX 312.

Hollywood Bowl Group (LON:BOWL) last released its quarterly earnings results on Wednesday, May 27th. The company reported GBX 14.51 earnings per share for the quarter. The company had revenue of £141.54 million for the quarter. Hollywood Bowl Group had a return on equity of 21.75% and a net margin of 12.75%. On average, analysts predict that Hollywood Bowl Group will post 22.5511696 earnings per share for the current year.

Insider Activity at Hollywood Bowl Group

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

About Hollywood Bowl Group

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.