Analyst Rating Update on Dave & Busters Entertainment (PLAY)

Dave & Busters Entertainment (NASDAQ:PLAY) : 6 analysts are covering Dave & Busters Entertainment (NASDAQ:PLAY) and their average rating on the stock is 1.17, which is read as a Strong Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Dave & Busters Entertainment (NASDAQ:PLAY) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 1, which recommends a Strong Buy affirms that they expect a large upside in the stock from the current levels.

Dave & Busters Entertainment (NASDAQ:PLAY) : 5 investment research analysts covering Dave & Busters Entertainment (NASDAQ:PLAY) have an average price target of $49.8 for the near short term. The highest target price given by the Brokerage Firm to the stock is $51 and the lowest target is $48 for the short term. Analysts expect the variance to be within $1.1 of the average price.

For the current week, the company shares have a recommendation consensus of Buy.

Dave & Busters Entertainment (NASDAQ:PLAY): stock turned positive on Tuesday. Though the stock opened at $45.31, the bulls momentum made the stock top out at $46.53 level for the day. The stock recorded a low of $45.26 and closed the trading day at $45.42, in the green by 0.78%. The total traded volume for the day was 927,016. The stock had closed at $45.07 in the previous days trading.

In an insider trading activity, The officer (SVP & CFO), of Dave & Busters Entertainment, Inc., Jenkins Brian had unloaded 9,250 shares at $47.5 per share in a transaction on June 17, 2016. The total value of transaction was $439,375. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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