Hollywood Bowl Group (LON:BOWL) Stock Keeps “Buy” Rating at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Hollywood Bowl Group (LON:BOWL) in a research note issued to investors on Tuesday morning, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 450 target price on the stock.

A number of other research firms have also weighed in on BOWL. Royal Bank Of Canada reduced their price objective on shares of Hollywood Bowl Group from GBX 420 to GBX 415 and set an “outperform” rating on the stock in a research report on Monday, June 1st. Shore Capital Group restated a “buy” rating and set a GBX 350 target price on shares of Hollywood Bowl Group in a research report on Friday, July 10th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Hollywood Bowl Group has an average rating of “Buy” and a consensus price target of GBX 397.75.

Hollywood Bowl Group Price Performance

BOWL stock opened at GBX 249.50 on Tuesday. Hollywood Bowl Group has a 12 month low of GBX 227.50 and a 12 month high of GBX 312. The company has a current ratio of 0.71, a quick ratio of 1.62 and a debt-to-equity ratio of 149.86. The company has a 50-day moving average price of GBX 270.73 and a 200 day moving average price of GBX 268.75. The stock has a market cap of £415.67 million, a PE ratio of 12.57, a P/E/G ratio of 0.87 and a beta of 0.36.

Hollywood Bowl Group announced that its board has authorized a share repurchase program on Wednesday, July 1st that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

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.