Hollywood Bowl Group (LON:BOWL) Earns "Buy" Rating from Shore Capital

Key Points

• Hollywood Bowl Group's stock received a "buy" rating from Shore Capital, reaffirming investor confidence in the company.
• Berenberg Bank also maintained a "buy" rating with a target price of GBX 440, while the consensus target price for the stock is GBX 390.
• Insider purchases have been notable, with insiders acquiring a total of 39,900 shares valued at approximately £9,833,900 over the last three months.

Hollywood Bowl Group (LON:BOWL - Get Free Report)'s stock had its "buy" rating restated by research analysts at Shore Capital in a research note issued to investors on Tuesday, MarketBeat reports.

Separately, Berenberg Bank restated a "buy" rating and issued a GBX 440 target price on shares of Hollywood Bowl Group in a research report on Tuesday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of GBX 390.

Hollywood Bowl Group Stock Performance

BOWL stock traded up GBX 20 during trading on Tuesday, hitting GBX 282.50. 5,156,646 shares of the company's stock traded hands, compared to its average volume of 1,046,828. The company has a quick ratio of 1.62, a current ratio of 0.95 and a debt-to-equity ratio of 143.39. Hollywood Bowl Group has a 52 week low of GBX 231.50 and a 52 week high of GBX 343.50. The stock has a fifty day moving average price of GBX 252.50 and a two-hundred day moving average price of GBX 260.86. The stock has a market capitalization of £471.36 million, a price-to-earnings ratio of 1,706.95, a price-to-earnings-growth ratio of 0.87 and a beta of 1.26.

Insider Transactions at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Julia Porter purchased 10,000 shares of the business's stock in a transaction on Wednesday, July 23rd. The stock was bought at an average cost of GBX 249 per share, with a total value of £24,900. Also, insider Ivan Schofield acquired 6,900 shares of Hollywood Bowl Group stock in a transaction on Thursday, August 7th. The shares were purchased at an average cost of GBX 251 per share, with a total value of £17,319. Insiders acquired a total of 39,900 shares of company stock valued at $9,833,900 over the last three months. 3.47% of the stock is owned by corporate 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.

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