Revolution Bars Group PLC (RBG) Posts Earnings Results
Revolution Bars Group PLC (LON:RBG) issued its quarterly earnings data on Tuesday. The company reported GBX 14.20 ($0.19) EPS for the quarter, topping analysts’ consensus estimates of GBX 13.10 ($0.17) by GBX 1.10 ($0.01), Bloomberg Earnings reports. Revolution Bars Group PLC had a net margin of 5.77% and a return on equity of 18.25%. The business had revenue of GBX 1,304.70 billion during the quarter.
Revolution Bars Group PLC (LON:RBG) traded down 1.66% during trading on Thursday, hitting GBX 207.00. 472,986 shares of the company were exchanged. Revolution Bars Group PLC has a 12 month low of GBX 99.00 and a 12 month high of GBX 247.96. The stock’s 50-day moving average is GBX 206.44 and its 200-day moving average is GBX 174.28. The company’s market capitalization is GBX 103.50 million.
A number of brokerages have commented on RBG. Peel Hunt raised shares of Revolution Bars Group PLC to an “add” rating and lifted their price objective for the stock from GBX 215 ($2.85) to GBX 240 ($3.18) in a research note on Thursday. FinnCap cut shares of Revolution Bars Group PLC to a “hold” rating and lifted their price target for the stock from GBX 180 ($2.39) to GBX 203 ($2.69) in a research note on Tuesday. Canaccord Genuity lifted their price target on shares of Revolution Bars Group PLC from GBX 150 ($1.99) to GBX 220 ($2.92) and gave the stock a “buy” rating in a research note on Wednesday, August 16th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 130 ($1.72) price target on shares of Revolution Bars Group PLC in a research note on Tuesday, July 25th.
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About Revolution Bars Group PLC
Revolution Bars Group plc is a United Kingdom-based operator of bars. The Company has a trading portfolio of approximately 60 bars located predominantly in town or city high streets, which operate under the Revolution and Revolucion de Cuba brands. The Company’s bars focus on a drinks and food-led offering, and typically trade from late morning, during the day and into late evening.
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