Royal Bank Of Canada Lowers Hollywood Bowl Group (LON:BOWL) Price Target to GBX 415

Hollywood Bowl Group (LON:BOWL) had its target price lowered by research analysts at Royal Bank Of Canada from GBX 420 to GBX 415 in a report issued on Monday,London Stock Exchange reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 36.29% from the stock’s previous close.

A number of other equities analysts also recently commented on BOWL. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 376 price target on shares of Hollywood Bowl Group in a research note on Thursday. Berenberg Bank lifted their price target on Hollywood Bowl Group from GBX 440 to GBX 450 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Finally, Shore Capital Group reissued a “buy” rating and issued a GBX 325 target price on shares of Hollywood Bowl Group in a report on Wednesday, May 27th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Hollywood Bowl Group presently has a consensus rating of “Buy” and an average price target of GBX 391.50.

Hollywood Bowl Group Stock Down 1.0%

LON:BOWL opened at GBX 304.50 on Monday. The company has a market capitalization of £510.47 million, a price-to-earnings ratio of 15.12, a price-to-earnings-growth ratio of 0.87 and a beta of 0.34. Hollywood Bowl Group has a one year low of GBX 227.50 and a one year high of GBX 312. The stock has a 50-day simple moving average of GBX 255.84 and a 200 day simple moving average of GBX 264.46. The company has a debt-to-equity ratio of 149.86, a quick ratio of 1.62 and a current ratio of 0.71.

Hollywood Bowl Group (LON:BOWL) last posted its quarterly earnings results on Wednesday, May 27th. The company reported GBX 14.51 EPS for the quarter. The business had revenue of £141.54 million during the quarter. Hollywood Bowl Group had a return on equity of 21.75% and a net margin of 12.75%. Sell-side analysts predict that Hollywood Bowl Group will post 22.5511696 EPS for the current fiscal year.

Insider Transactions at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Melanie Dickinson bought 2,222 shares of the business’s stock in a transaction on Friday, March 6th. The shares were purchased at an average price of GBX 243 per share, with a total value of £5,399.46. Also, insider Stephen Burns bought 1,481 shares of the business’s stock in a transaction on Friday, March 6th. The stock was acquired at an average cost of GBX 243 per share, for a total transaction of £3,598.83. Company insiders own 3.56% 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.