Stock analysts at Maxim Group assumed coverage on shares of Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) in a note issued to investors on Monday. The firm set a “buy” rating and a $72.00 price target on the stock. Maxim Group’s price target indicates a potential upside of 20.68% from the stock’s current price.

PLAY has been the topic of a number of other research reports. Canaccord Genuity reaffirmed a “buy” rating on shares of Dave & Buster's Entertainment in a research note on Friday, February 17th. SunTrust Banks, Inc. initiated coverage on shares of Dave & Buster's Entertainment in a research note on Tuesday, December 20th. They set a “buy” rating and a $68.00 target price on the stock. Jefferies Group LLC reaffirmed a “buy” rating on shares of Dave & Buster's Entertainment in a research note on Friday, January 6th. Zacks Investment Research raised shares of Dave & Buster's Entertainment from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a research note on Friday, December 9th. Finally, BMO Capital Markets set a $64.00 price objective on shares of Dave & Buster's Entertainment and gave the stock a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Dave & Buster's Entertainment has a consensus rating of “Buy” and an average price target of $58.72.

Analyst Recommendations for Dave & Buster's Entertainment (NASDAQ:PLAY)

Shares of Dave & Buster's Entertainment (NASDAQ:PLAY) traded down 0.45% during mid-day trading on Monday, reaching $59.66. The company had a trading volume of 396,008 shares. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 29.86 and a beta of 0.71. Dave & Buster's Entertainment has a one year low of $36.83 and a one year high of $61.20. The stock has a 50 day moving average of $56.79 and a 200-day moving average of $49.44.

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In related news, VP Joseph Benjamin Deprospero sold 2,000 shares of the business’s stock in a transaction on Friday, February 10th. The shares were sold at an average price of $57.30, for a total value of $114,600.00. Following the transaction, the vice president now owns 16,032 shares in the company, valued at $918,633.60. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP John Mulleady sold 2,500 shares of the business’s stock in a transaction on Tuesday, January 17th. The shares were sold at an average price of $54.80, for a total transaction of $137,000.00. Following the completion of the transaction, the senior vice president now owns 2,501 shares in the company, valued at approximately $137,054.80. The disclosure for this sale can be found here. In the last three months, insiders sold 108,000 shares of company stock worth $6,035,070. 5.60% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in PLAY. State of Tennessee Treasury Department raised its position in Dave & Buster's Entertainment by 12.0% in the third quarter. State of Tennessee Treasury Department now owns 112,034 shares of the company’s stock valued at $4,389,000 after buying an additional 12,034 shares during the last quarter. Public Sector Pension Investment Board purchased a new position in Dave & Buster's Entertainment during the fourth quarter valued at about $1,498,000. Victory Capital Management Inc. raised its position in Dave & Buster's Entertainment by 18,294.2% in the third quarter. Victory Capital Management Inc. now owns 646,005 shares of the company’s stock valued at $25,310,000 after buying an additional 642,493 shares during the last quarter. Teachers Advisors LLC raised its position in Dave & Buster's Entertainment by 2.0% in the third quarter. Teachers Advisors LLC now owns 285,888 shares of the company’s stock valued at $11,201,000 after buying an additional 5,682 shares during the last quarter. Finally, Putnam Investments LLC purchased a new position in Dave & Buster's Entertainment during the fourth quarter valued at about $47,581,000.

5 Day Chart for NASDAQ:PLAY

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