Peel Hunt upgraded shares of Hollywood Bowl Group (LON:BOWL) to a buy rating in a research report released on Monday, Stock Target Advisor reports.
A number of other brokerages have also commented on BOWL. Liberum Capital reaffirmed a buy rating on shares of Hollywood Bowl Group in a research report on Friday, December 13th. JPMorgan Chase & Co. upped their price objective on shares of Hollywood Bowl Group from GBX 260 ($3.42) to GBX 270 ($3.55) and gave the company an overweight rating in a research report on Wednesday, October 9th. Shore Capital reaffirmed a buy rating on shares of Hollywood Bowl Group in a research report on Friday, December 13th. Finally, Berenberg Bank reaffirmed a buy rating on shares of Hollywood Bowl Group in a research report on Friday, January 17th. Five analysts have rated the stock with a buy rating, The stock currently has an average rating of Buy and a consensus target price of GBX 286.25 ($3.77).
Shares of BOWL opened at GBX 300 ($3.95) on Monday. The company has a 50-day simple moving average of GBX 275.94 and a 200-day simple moving average of GBX 238.25. The firm has a market capitalization of $450.00 million and a P/E ratio of 20.27. The company has a debt-to-equity ratio of 26.33, a quick ratio of 1.15 and a current ratio of 1.53. Hollywood Bowl Group has a 52 week low of GBX 205 ($2.70) and a 52 week high of GBX 314 ($4.13).
The business also recently disclosed a dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Thursday, January 30th will be given a dividend of GBX 9.66 ($0.13) per share. The ex-dividend date is Thursday, January 30th. This represents a dividend yield of 3.83%. This is a positive change from Hollywood Bowl Group’s previous dividend of $2.27. Hollywood Bowl Group’s dividend payout ratio is currently 0.47%.
In related news, insider Stephen Burns acquired 18,312 shares of the business’s stock in a transaction dated Tuesday, January 7th. The stock was acquired at an average price of GBX 287 ($3.78) per share, with a total value of £52,555.44 ($69,133.70).
About Hollywood Bowl Group
Hollywood Bowl Group plc operates ten-pin bowling centers under the Hollywood Bowl and AMF brands in the United Kingdom. As of September 30, 2018, it operated approximately 50 Hollywood Bowl centers and 8 AMF centers. The company is headquartered in Hemel Hempstead, the United Kingdom.
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