Raymond James Keeps Their Buy Rating on Dave & Busters Entertainment


In a report issued on June 12, Brian Vaccaro from Raymond James maintained a Buy rating on Dave & Busters Entertainment (NASDAQ: PLAY), with a price target of $60. The company’s shares closed yesterday at $55.36.

According to TipRanks.com, Vaccaro has 0 stars on 0-5 star ranking scale with an average return of -6.0% and a 45.4% success rate. Vaccaro covers the Services sector, focusing on stocks such as Del Frisco, Chipotle, and Darden.

Currently, the analyst consensus on Dave & Busters Entertainment is Strong Buy and the average price target is $59, representing a 6.6% upside.

In a report issued on June 12, Maxim Group also maintained a Buy rating on the stock with a $68 price target.

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Dave & Busters Entertainment’s market cap is currently $2.19B and has a P/E ratio of 19.16. The company has a Price to Book ratio of 5.

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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.

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