Hollywood Bowl Group (LON:BOWL) Trading 0.4% Higher – Time to Buy?

Hollywood Bowl Group plc (LON:BOWL) shares traded up 0.4% during trading on Thursday . The company traded as high as GBX 279.50 and last traded at GBX 278. 1,028,196 shares changed hands during trading, a decline of 4% from the average session volume of 1,068,083 shares. The stock had previously closed at GBX 277.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on BOWL shares. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 420 price objective on shares of Hollywood Bowl Group in a report on Tuesday, November 4th. Berenberg Bank reissued a “buy” rating and issued a GBX 440 price target on shares of Hollywood Bowl Group in a research note on Wednesday, November 12th. Finally, Shore Capital reissued a “buy” rating on shares of Hollywood Bowl Group in a report on Tuesday, October 14th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 400.

Hollywood Bowl Group Stock Performance

The company has a debt-to-equity ratio of 143.39, a quick ratio of 1.62 and a current ratio of 0.95. The company has a market cap of £463.85 million, a PE ratio of 16.80, a PEG ratio of 0.87 and a beta of 1.26. The business’s 50-day moving average is GBX 270.21 and its 200 day moving average is GBX 260.17.

About Hollywood Bowl Group

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.