Hollywood Bowl Group’s (BOWL) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Hollywood Bowl Group (LON:BOWL) in a research note issued to investors on Thursday morning,Digital Look reports. The firm currently has a GBX 420 ($5.33) target price on the stock.

Hollywood Bowl Group Stock Performance

LON BOWL opened at GBX 321 ($4.07) on Thursday. The firm’s 50 day simple moving average is GBX 316.70 and its 200 day simple moving average is GBX 318.10. The company has a current ratio of 1.24, a quick ratio of 1.62 and a debt-to-equity ratio of 135.91. Hollywood Bowl Group has a 1 year low of GBX 261.50 ($3.32) and a 1 year high of GBX 355 ($4.51). The firm has a market capitalization of £552.38 million, a price-to-earnings ratio of 1,610.00, a P/E/G ratio of 0.87 and a beta of 1.26.

Insider Transactions at Hollywood Bowl Group

In other Hollywood Bowl Group news, insider Melanie Dickinson sold 150,000 shares of the company’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of GBX 332 ($4.21), for a total value of £498,000 ($632,140.14). Also, insider Peter Boddy acquired 100,000 shares of the stock in a transaction dated Wednesday, November 13th. The shares were bought at an average price of GBX 320 ($4.06) per share, with a total value of £320,000 ($406,194.47). In the last quarter, insiders sold 511,262 shares of company stock valued at $162,325,006. Corporate insiders own 4.36% of the company’s stock.

About Hollywood Bowl Group

Hollywood Bowl Group plc operates ten-pin bowling and mini-golf centers in the United Kingdom. The company also supplies and installs bowling equipment. It operates centers under the Hollywood Bowl, Puttstars, and Splitsville brands. The company was incorporated in 2016 and is based in Hemel Hempstead, the United Kingdom.