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Hollywood Bowl ( (GB:BOWL) ) just unveiled an announcement.
Hollywood Bowl Group plc has announced the purchase of 38,935 of its ordinary shares as part of a buyback program, with the shares being acquired at prices ranging from 255.50 to 258.00 pence. This move, executed through Berenberg, is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
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 and leisure experiences through its bowling centers.
Average Trading Volume: 1,109,735
Technical Sentiment Signal: Hold
Current Market Cap: £432.5M
For an in-depth examination of BOWL stock, go to TipRanks’ Overview page.