Berenberg Bank Reaffirms Buy Rating for Hollywood Bowl Group (LON:BOWL)

Hollywood Bowl Group (LON:BOWL)‘s stock had its “buy” rating restated by Berenberg Bank in a note issued to investors on Monday, Marketbeat.com reports. They currently have a GBX 440 price objective on the stock. Berenberg Bank’s target price indicates a potential upside of 58.27% from the stock’s current price.

Several other analysts also recently weighed in on the stock. Shore Capital reiterated a “buy” rating on shares of Hollywood Bowl Group in a research report on Tuesday, October 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 420 price target on shares of Hollywood Bowl Group in a report on Tuesday, November 4th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 400.

Hollywood Bowl Group Stock Performance

LON:BOWL opened at GBX 278 on Monday. The firm has a market capitalization of £463.85 million, a P/E ratio of 13.80, a P/E/G ratio of 0.87 and a beta of 1.26. The business has a 50 day simple moving average of GBX 275.79 and a 200 day simple moving average of GBX 262.91. The company has a debt-to-equity ratio of 143.39, a current ratio of 0.95 and a quick ratio of 1.62. Hollywood Bowl Group has a 12-month low of GBX 231.50 and a 12-month high of GBX 309.

Hollywood Bowl Group (LON:BOWL) last posted its earnings results on Tuesday, December 16th. The company reported GBX 21.51 earnings per share (EPS) for the quarter. Hollywood Bowl Group had a return on equity of 23.23% and a net margin of 15.73%. Equities research analysts predict that Hollywood Bowl Group will post 22.5511696 EPS for the current year.

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.