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

Hollywood Bowl Group (LON:BOWL)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a report issued on Thursday, Marketbeat.com reports. They presently have a GBX 420 ($5.35) target price on the stock. Berenberg Bank’s target price indicates a potential upside of 31.25% from the company’s current price.

Hollywood Bowl Group Price Performance

Shares of BOWL opened at GBX 320 ($4.08) on Thursday. The stock has a 50 day simple moving average of GBX 316.70 and a 200 day simple moving average of GBX 318.10. Hollywood Bowl Group has a 52-week low of GBX 261.50 ($3.33) and a 52-week high of GBX 355 ($4.52). The company has a debt-to-equity ratio of 135.91, a quick ratio of 1.62 and a current ratio of 1.24. The firm has a market capitalization of £550.66 million, a PE ratio of 1,595.00, a P/E/G ratio of 0.87 and a beta of 1.26.

Insider Transactions at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Melanie Dickinson sold 150,000 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of GBX 332 ($4.23), for a total transaction of £498,000 ($634,314.10). Also, insider Stephen Burns sold 86,262 shares of Hollywood Bowl Group stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of GBX 313 ($3.99), for a total transaction of £270,000.06 ($343,905.31). Insiders sold 511,262 shares of company stock valued at $162,325,006 over the last quarter. Corporate insiders own 4.36% of the company’s stock.

About Hollywood Bowl Group

Hollywood Bowl Group plc operates ten-pin bowling and mini-golf centers in the United Kingdom. The company also supplies and installs bowling equipment. It operates centers under the Hollywood Bowl, Puttstars, and Splitsville brands. The company was incorporated in 2016 and is based in Hemel Hempstead, the United Kingdom.