Hollywood Bowl Group PLC (LON:BOWL) shares reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 212 ($2.83) and last traded at GBX 210.58 ($2.82), with a volume of 239675 shares changing hands. The stock had previously closed at GBX 206 ($2.75).
BOWL has been the subject of a number of research reports. JPMorgan Chase & Co. initiated coverage on Hollywood Bowl Group in a research report on Tuesday, September 5th. They set an “overweight” rating and a GBX 230 ($3.08) target price for the company. Berenberg Bank reiterated a “buy” rating and set a GBX 210 ($2.81) target price on shares of Hollywood Bowl Group in a research report on Wednesday, September 6th. Peel Hunt initiated coverage on Hollywood Bowl Group in a research report on Tuesday, September 19th. They issued a “buy” rating and a GBX 210 ($2.81) price target for the company. Shore Capital restated a “buy” rating on shares of Hollywood Bowl Group in a research report on Friday, October 6th. Finally, Investec raised their price target on Hollywood Bowl Group from GBX 214 ($2.86) to GBX 220 ($2.94) and gave the stock a “buy” rating in a research report on Monday, December 11th. Five research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus price target of GBX 228.75 ($3.06).
The company has a market cap of $312.00 and a PE ratio of 1,733.33.
The firm also recently announced a dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Thursday, February 1st will be given a dividend of GBX 7.28 ($0.10) per share. This represents a dividend yield of 3.55%. This is an increase from Hollywood Bowl Group’s previous dividend of $1.80. The ex-dividend date of this dividend is Thursday, February 1st.
In related news, insider Ivan Schofield bought 50,000 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were bought at an average price of GBX 204 ($2.73) per share, for a total transaction of £102,000 ($136,381.87).
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Hollywood Bowl Group Company Profile
Hollywood Bowl Group plc is a bowling entertainment operator in the United Kingdom. The Company is engaged in the operation of ten-pin bowling centers, as well as the development of new centers and other associated activities. It has a portfolio of approximately 50 centers operating across the United Kingdom.
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