Revolution Bars Group PLC (LON:RBG) was upgraded by analysts at Peel Hunt to a “buy” rating in a research note issued to investors on Wednesday, October 25th. The firm presently has a GBX 240 ($3.16) price target on the stock. Peel Hunt’s price objective suggests a potential upside of 53.35% from the company’s current price.
Other research analysts also recently issued research reports about the stock. Numis Securities Ltd restated an “add” rating and set a GBX 200 ($2.63) price target on shares of Revolution Bars Group PLC in a research report on Monday, October 23rd. FinnCap reiterated a “buy” rating and issued a GBX 180 ($2.37) price objective on shares of Revolution Bars Group PLC in a report on Tuesday, July 25th. Finally, Canaccord Genuity increased their price objective on shares of Revolution Bars Group PLC from GBX 150 ($1.97) to GBX 220 ($2.89) and gave the company a “buy” rating in a report on Wednesday, August 16th.
Revolution Bars Group PLC (RBG) traded down GBX 4.50 ($0.06) during trading hours on Wednesday, reaching GBX 156.50 ($2.06). 57,616 shares of the company’s stock traded hands, compared to its average volume of 460,743. Revolution Bars Group PLC has a one year low of GBX 99 ($1.30) and a one year high of GBX 247.96 ($3.26).
Revolution Bars Group PLC (LON:RBG) last posted its earnings results on Tuesday, October 3rd. The company reported GBX 14.20 ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of GBX 13.10 ($0.17) by GBX 1.10 ($0.01). Revolution Bars Group PLC had a net margin of 0.41% and a return on equity of 1.25%. The business had revenue of £130.47 million for the quarter.
TRADEMARK VIOLATION WARNING: This piece was reported by BBNS and is the sole property of of BBNS. If you are accessing this piece on another domain, it was stolen and reposted in violation of US and international copyright and trademark law. The original version of this piece can be accessed at https://baseballnewssource.com/markets/revolution-bars-group-plc-rbg-raised-to-buy-at-peel-hunt/1733945.html.
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.
Receive News & Ratings for Revolution Bars Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revolution Bars Group PLC and related companies with our FREE daily email newsletter.