In a report released today, Andrew Strelzik from BMO Capital maintained a Buy rating on Dave & Busters Entertainment (NASDAQ: PLAY), with a price target of $70. The company’s shares closed on Friday at $62.05, close to its 52-week high of $62.86.
According to TipRanks.com, Strelzik is a 4-star analyst with an average return of 5.6% and a 67.5% success rate. Strelzik covers the Services sector, focusing on stocks such as Brinker International, Texas Roadhouse, and Dunkin’ Brands.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dave & Busters Entertainment with a $67.50 average price target, representing an 8.8% upside. In a report issued on September 10, Maxim Group also maintained a Buy rating on the stock with a $68 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $62.86 and a one-year low of $37.85. Currently, Dave & Busters Entertainment has an average volume of 901.6K.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PLAY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Dave & Buster’s Entertainment, Inc. is an owner and operator of entertainment and dining venues under the name Dave & Buster’s. Its concept is to offer its customers the opportunity to Eat Drink Play all in one location, through a full menu of casual dining food items and a full selection of non-alcoholic and alcoholic beverage items together with an extensive assortment of entertainment attractions, including skill and sports-oriented redemption games, video games, interactive simulators and other traditional games. The company was founded by David O. Corriveau and James W. Corley in 1982 and is headquartered in Dallas, TX.
