Analyst Rating Update on Dave & Busters Entertainment (PLAY)

Dave & Busters Entertainment (PLAY) : The consensus on Dave & Busters Entertainment (PLAY) based on 6 analyst recommendation on the company stock is 1.5, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Dave & Busters Entertainment (PLAY) stock is expected to deviate a maximum of $3.7 from the average target price of $49.8 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $55 and the most muted being $45.

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


Dave & Busters Entertainment (NASDAQ:PLAY): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.59 and $41.08 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $42.32. The buying momentum continued till the end and the stock did not give up its gains. It closed at $42.29, notching a gain of 1.15% for the day. The total traded volume was 1,050,222 . The stock had closed at $41.81 on the previous day.

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