Royal Bank Of Canada Reiterates Outperform Rating for Hollywood Bowl Group (LON:BOWL)

Hollywood Bowl Group (LON:BOWL)‘s stock had its “outperform” rating reaffirmed by research analysts at Royal Bank Of Canada in a research note issued to investors on Tuesday,London Stock Exchange reports. They currently have a GBX 420 target price on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 54.13% from the company’s current price.

BOWL has been the topic of several other reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 440 price target on shares of Hollywood Bowl Group in a research report on Tuesday, October 14th. Shore Capital reiterated a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday, October 14th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 400.

Hollywood Bowl Group Price Performance

BOWL stock traded up GBX 1.50 during trading on Tuesday, hitting GBX 272.50. The company had a trading volume of 288,983 shares, compared to its average volume of 1,024,214. The firm has a market capitalization of £454.67 million, a price-to-earnings ratio of 16.47, a P/E/G ratio of 0.87 and a beta of 1.26. The business has a 50 day moving average of GBX 259.59 and a 200 day moving average of GBX 262.57. Hollywood Bowl Group has a fifty-two week low of GBX 231.50 and a fifty-two week high of GBX 343.50. The company has a current ratio of 0.95, a quick ratio of 1.62 and a debt-to-equity ratio of 143.39.

Insider Transactions at Hollywood Bowl Group

In related news, insider Ivan Schofield acquired 6,900 shares of the business’s stock in a transaction on Thursday, August 7th. The shares were purchased at an average price of GBX 251 per share, for a total transaction of £17,319. Insiders own 3.47% of the company’s stock.

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.