Peel Hunt Reiterates Buy Rating for Ten Entertainment Group (LON:TEG)

Ten Entertainment Group (LON:TEG)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a report released on Monday, ThisIsMoney.Co.Uk reports.

Several other analysts also recently issued reports on TEG. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 250 ($3.27) price objective on shares of Ten Entertainment Group in a research report on Wednesday, April 24th. Liberum Capital decreased their price target on shares of Superdry from GBX 600 ($7.84) to GBX 500 ($6.53) and set a “buy” rating for the company in a research report on Wednesday, July 10th.

Shares of TEG stock opened at GBX 249 ($3.25) on Monday. The stock has a market cap of $161.85 million and a price-to-earnings ratio of 19.92. Ten Entertainment Group has a 1-year low of GBX 207 ($2.70) and a 1-year high of GBX 270 ($3.53). The company has a debt-to-equity ratio of 28.92, a quick ratio of 0.28 and a current ratio of 0.57. The business’s 50-day moving average is GBX 228.10.

In related news, insider Graham Blackwell sold 297,000 shares of Ten Entertainment Group stock in a transaction dated Monday, April 29th. The stock was sold at an average price of GBX 2,200 ($28.75), for a total value of £6,534,000 ($8,537,828.30).

Ten Entertainment Group Company Profile

Ten Entertainment Group plc, together with its subsidiaries, engages in tenpin bowling operations in the United Kingdom. The company operates 42 bowling sites with approximately 1,000 bowling lanes under the Tenpin brand. It also provides amusement machine, table-tennis, soft play, laser game, pool table, and restaurant and bar services.

Further Reading: What is an investor looking for in an SEC filing?

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