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Hollywood Bowl ( (GB:BOWL) ) has provided an announcement.
Hollywood Bowl Group plc has announced the repurchase of 39,262 of its ordinary shares as part of a buyback program, with the shares purchased at prices ranging from 252.50 to 257.00 pence. This move to cancel the purchased shares is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (GB:BOWL) stock is a Buy with a £294.00 price target. To see the full list of analyst forecasts on Hollywood Bowl stock, see the GB:BOWL Stock Forecast page.
Spark’s Take on GB:BOWL Stock
According to Spark, TipRanks’ AI Analyst, GB:BOWL is a Outperform.
Hollywood Bowl’s overall stock score reflects its strong financial performance and attractive valuation, supported by solid revenue growth and profitability. The technical analysis indicates positive short-term momentum, although long-term resistance may be present. The absence of earnings call data and corporate events does not impact the score significantly.
To see Spark’s full report on GB:BOWL stock, click here.
More about Hollywood Bowl
Hollywood Bowl Group plc is the largest ten-pin bowling operator in the UK and Canada, focusing on providing entertainment services through its bowling centers.
Average Trading Volume: 1,104,013
Technical Sentiment Signal: Hold
Current Market Cap: £433.1M
Learn more about BOWL stock on TipRanks’ Stock Analysis page.