Ten Entertainment Group’s (TEG) Buy Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Ten Entertainment Group (LON:TEG) in a report released on Monday morning, ThisIsMoney.Co.Uk reports.

A number of other research firms have also recently issued reports on TEG. Berenberg Bank reissued a hold rating on shares of Ten Entertainment Group in a research report on Friday, January 17th. Liberum Capital reissued a buy rating on shares of Ten Entertainment Group in a research report on Wednesday, January 15th. Finally, Peel Hunt reissued a buy rating and set a GBX 350 ($4.60) price objective on shares of Ten Entertainment Group in a research report on Wednesday, January 8th.

TEG stock opened at GBX 325 ($4.28) on Monday. The stock has a market capitalization of $211.25 million and a PE ratio of 23.55. The company’s 50-day moving average is GBX 299.42 and its 200-day moving average is GBX 260.48. The company has a debt-to-equity ratio of 25.54, a current ratio of 0.42 and a quick ratio of 0.36. Ten Entertainment Group has a 1 year low of GBX 207 ($2.72) and a 1 year high of GBX 324 ($4.26).

In related news, insider Christopher H. B. Mills sold 1,000,000 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of GBX 260 ($3.42), for a total value of £2,600,000 ($3,420,152.59). Also, insider Christopher H. B. Mills sold 5,250,000 shares of the company’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of GBX 290 ($3.81), for a total transaction of £15,225,000 ($20,027,624.31). Insiders sold a total of 7,321,500 shares of company stock worth $2,078,959,000 in the last 90 days.

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.

Featured Story: S&P 500 Index

Receive News & Ratings for Ten Entertainment Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ten Entertainment Group and related companies with MarketBeat.com's FREE daily email newsletter.