Hollywood Bowl Group’s (BOWL) “Buy” Rating Reaffirmed at Berenberg Bank

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Berenberg Bank reissued their buy rating on shares of Hollywood Bowl Group (LON:BOWL) in a report published on Tuesday, Digital Look reports. The firm currently has a GBX 280 ($3.66) price target on the stock.

A number of other research firms have also commented on BOWL. Shore Capital reiterated a buy rating on shares of Hollywood Bowl Group in a report on Tuesday. Peel Hunt boosted their price objective on shares of Hollywood Bowl Group from GBX 275 ($3.59) to GBX 285 ($3.72) and gave the company a buy rating in a research report on Tuesday. Liberum Capital reissued a buy rating on shares of Hollywood Bowl Group in a research report on Tuesday. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Hollywood Bowl Group from GBX 260 ($3.40) to GBX 270 ($3.53) and gave the company an overweight rating in a research report on Wednesday. Five equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus price target of GBX 278.75 ($3.64).

LON:BOWL traded up GBX 3 ($0.04) during midday trading on Tuesday, reaching GBX 227 ($2.97). 335,162 shares of the stock traded hands, compared to its average volume of 140,334. The company has a fifty day moving average of GBX 224.60 and a 200 day moving average of GBX 225.57. Hollywood Bowl Group has a 12 month low of GBX 175 ($2.29) and a 12 month high of GBX 255 ($3.33). The company has a debt-to-equity ratio of 28.68, a quick ratio of 1.36 and a current ratio of 1.42. The stock has a market capitalization of $336.00 million and a P/E ratio of 16.69.

In other Hollywood Bowl Group news, insider Mathew Hart sold 238,000 shares of the business’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of GBX 228 ($2.98), for a total transaction of £542,640 ($709,055.27).

Hollywood Bowl Group Company Profile

Hollywood Bowl Group plc operates ten-pin bowling centers under the Hollywood Bowl and AMF brands in the United Kingdom. As of September 30, 2018, it operated approximately 50 Hollywood Bowl centers and 8 AMF centers. The company is headquartered in Hemel Hempstead, the United Kingdom.

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Analyst Recommendations for Hollywood Bowl Group (LON:BOWL)

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