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

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

A number of other equities research analysts have also recently issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 440 target price on shares of Hollywood Bowl Group in a research report on Tuesday, October 14th. Shore Capital reissued 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 company has a consensus rating of “Buy” and a consensus price target of GBX 400.

Hollywood Bowl Group Stock Performance

Hollywood Bowl Group stock traded up GBX 1.50 during trading hours on Tuesday, reaching GBX 272.50. 288,983 shares of the company were exchanged, compared to its average volume of 1,024,214. The firm has a market cap of £454.67 million, a price-to-earnings ratio of 16.47, a PEG ratio of 0.87 and a beta of 1.26. The company has a current ratio of 0.95, a quick ratio of 1.62 and a debt-to-equity ratio of 143.39. The stock 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 12 month low of GBX 231.50 and a 12 month high of GBX 343.50.

Insider Transactions at Hollywood Bowl Group

In related news, insider Ivan Schofield bought 23,000 shares of Hollywood Bowl Group stock in a transaction on Wednesday, August 6th. The shares were purchased at an average price of GBX 244 per share, for a total transaction of £56,120. Company insiders own 3.47% of the company’s stock.

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.