Revolution Bars Group PLC (RBG) Given “Buy” Rating at FinnCap
FinnCap reaffirmed their buy rating on shares of Revolution Bars Group PLC (LON:RBG) in a research report report published on Tuesday morning. The brokerage currently has a GBX 232 ($3.03) price target on the stock.
Separately, Numis Securities Ltd reissued a buy rating and set a GBX 265 ($3.46) price objective on shares of Revolution Bars Group PLC in a research note on Wednesday, July 20th.
Shares of Revolution Bars Group PLC (LON:RBG) opened at 156.70 on Tuesday. Revolution Bars Group PLC has a 12 month low of GBX 145.00 and a 12 month high of GBX 197.00. The stock has a 50 day moving average price of GBX 157.44 and a 200 day moving average price of GBX 166.80. The stock’s market cap is GBX 78.35 million.
The firm also recently announced a dividend, which will be paid on Friday, December 9th. Shareholders of record on Thursday, November 10th will be given a dividend of GBX 3.30 ($0.04) per share. This represents a yield of 2.14%. This is an increase from Revolution Bars Group PLC’s previous dividend of $1.50. The ex-dividend date is Thursday, November 10th.
In other Revolution Bars Group PLC news, insider Michael Shallow bought 12,903 shares of the stock in a transaction on Tuesday, October 4th. The shares were purchased at an average cost of GBX 155 ($2.02) per share, with a total value of £19,999.65 ($26,105.80).
About Revolution Bars Group PLC
Revolution Bars Group Limited (Revolution Bars Group) is an operator of bars across the United Kingdom. The Company’s primary business is the sale of food and drinks to customers of its bars all of, which are occupied under leases from third-parties. The Company has a trading portfolio of approximately 58 bars, located in town or city high streets across the United Kingdom, which it operates under the Revolution (53 sites) and Revolucion de Cuba (five sites) brands.
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