Revolution Bars Group’s (RBG) “Buy” Rating Reaffirmed at Peel Hunt
Peel Hunt reiterated their buy rating on shares of Revolution Bars Group (LON:RBG) in a research note released on Thursday morning. The firm currently has a GBX 240 ($3.25) price objective on the stock.
Several other analysts have also issued reports on RBG. Canaccord Genuity restated a hold rating and set a GBX 203 ($2.75) price target on shares of Revolution Bars Group in a research report on Monday, October 9th. FinnCap reiterated a hold rating and set a GBX 203 ($2.75) target price on shares of Revolution Bars Group in a report on Monday, October 9th. Finally, Numis Securities reiterated an add rating and set a GBX 200 ($2.71) target price on shares of Revolution Bars Group in a report on Monday, October 23rd.
Revolution Bars Group (LON RBG) traded down GBX 1 ($0.01) during midday trading on Thursday, reaching GBX 168 ($2.28). 422,413 shares of the company’s stock traded hands, compared to its average volume of 135,611. Revolution Bars Group has a twelve month low of GBX 99 ($1.34) and a twelve month high of GBX 247.96 ($3.36). The stock has a market capitalization of $84.00 and a price-to-earnings ratio of 2,100.00.
About Revolution Bars Group
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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