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An announcement from Hollywood Bowl ( (GB:BOWL) ) is now available.
Hollywood Bowl Group plc has announced the repurchase of 38,786 of its ordinary shares, executed through Berenberg, at prices ranging from 253.50 to 259.50 pence per share. This buyback is part of a strategic move to cancel the purchased shares, potentially impacting the company’s share value and signaling confidence in its market position.
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 through its expansive network of bowling centers.
Average Trading Volume: 1,104,013
Technical Sentiment Signal: Hold
Current Market Cap: £433.1M
See more insights into BOWL stock on TipRanks’ Stock Analysis page.