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

Hollywood Bowl Group (LON:BOWL)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued to clients and investors on Thursday,Digital Look reports. They presently have a GBX 420 ($5.33) target price on the stock. Berenberg Bank’s price objective would indicate a potential upside of 30.43% from the stock’s previous close.

Hollywood Bowl Group Price Performance

Shares of BOWL stock opened at GBX 322 ($4.09) on Thursday. The company has a current ratio of 1.24, a quick ratio of 1.62 and a debt-to-equity ratio of 135.91. The firm’s 50 day moving average is GBX 316.70 and its 200-day moving average is GBX 318.10. Hollywood Bowl Group has a 1 year low of GBX 261.50 ($3.32) and a 1 year high of GBX 355 ($4.51). The firm has a market capitalization of £554.10 million, a price-to-earnings ratio of 1,610.00, a PEG ratio of 0.87 and a beta of 1.26.

Insider Transactions at Hollywood Bowl Group

In other news, insider Melanie Dickinson sold 150,000 shares of the company’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of GBX 332 ($4.21), for a total value of £498,000 ($632,140.14). Also, insider Peter Boddy bought 100,000 shares of the stock in a transaction on Wednesday, November 13th. The stock was purchased at an average cost of GBX 320 ($4.06) per share, with a total value of £320,000 ($406,194.47). Insiders sold a total of 511,262 shares of company stock worth $162,325,006 over the last 90 days. 4.36% of the stock is owned by insiders.

Hollywood Bowl Group Company Profile

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.