Revolution Bars Group PLC’s (RBG) Hold Rating Reiterated at FinnCap
Revolution Bars Group PLC (LON:RBG)‘s stock had its “hold” rating reiterated by equities research analysts at FinnCap in a research report issued to clients and investors on Monday. They presently have a GBX 203 ($2.69) target price on the stock. FinnCap’s price target would suggest a potential downside of 1.93% from the company’s previous close.
A number of other analysts have also recently commented on the company. Peel Hunt upgraded Revolution Bars Group PLC to an “add” rating and upped their price target for the stock from GBX 215 ($2.85) to GBX 240 ($3.18) in a research report on Thursday. Canaccord Genuity upped their price target on Revolution Bars Group PLC from GBX 150 ($1.99) to GBX 220 ($2.92) and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Finally, Numis Securities Ltd restated a “hold” rating and issued a GBX 130 ($1.72) price target on shares of Revolution Bars Group PLC in a research report on Tuesday, July 25th.
Revolution Bars Group PLC (LON:RBG) opened at 207.00 on Monday. 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 market cap is GBX 103.50 million. The firm’s 50-day moving average price is GBX 206.90 and its 200-day moving average price is GBX 174.51.
Revolution Bars Group PLC (LON:RBG) last issued its quarterly earnings results on Tuesday, October 3rd. 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). The business had revenue of £130.47 million during the quarter. Revolution Bars Group PLC had a return on equity of 18.25% and a net margin of 5.77%. On average, equities analysts predict that Revolution Bars Group PLC will post $16.64 EPS for the current fiscal year.
Revolution Bars Group PLC Company Profile
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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