Ten Entertainment Group PLC 36.0% potential upside indicated by Berenberg Bank

Ten Entertainment Group PLC with ticker (LON:TEG) now has a potential upside of 36.0% according to Berenberg Bank.



Berenberg Bank set a target price of 390 GBX for the company, which when compared to the Ten Entertainment Group PLC share price of 287 GBX at opening today (12/10/2023) indicates a potential upside of 36.0%. Trading has ranged between 214 (52 week low) and 313 (52 week high) with an average of 115,922 shares exchanging hands daily. The market capitalisation at the time of writing is £196,446,947.

Ten Entertainment Group PLC is a United Kingdom-based operator of entertainment centers. The Company operates approximately 49 centers in the United Kingdom. It offers a range of complementary entertainment options, including the Hyperbowling experience, Sector 7 laser arenas, a range of Houdini’s escape rooms, karaoke, arcades, American pool tables, table tennis, soft play and a great food and drink offering. Its core bowling proposition is supplemented by a range of complementary family-focused entertainment options that offer a variety of activities in addition to bowling. It operates through two segments: Tenpin Limited, which is a tenpin bowling operator in the United Kingdom, and Central segment, which comprises company secretarial work. In addition to over 1,170 bowling lanes across its estate, it offers a range of complementary entertainment options, including 373 pool tables, 32 karoake rooms, 32 escape rooms, 17 laser tag arenas, and four soft play areas.