Revolution Bars Group PLC’s (LON:RBG) “Hold” Rating Reiterated at FinnCap

FinnCap reissued their hold rating on shares of Revolution Bars Group PLC (LON:RBG) in a report issued on Monday, October 9th, StockTargetPrices.com reports. FinnCap currently has a GBX 203 ($2.70) price target on the stock.

Other equities research analysts have also recently issued research reports about the stock. Peel Hunt raised shares of Revolution Bars Group PLC to a buy rating and set a GBX 155 ($2.06) price objective for the company in a research report on Tuesday, July 25th. Canaccord Genuity raised shares of Revolution Bars Group PLC to a buy rating and set a GBX 150 ($1.99) target price for the company in a report on Wednesday, July 26th. Finally, Numis Securities Ltd reissued a hold rating and issued a GBX 130 ($1.73) target price on shares of Revolution Bars Group PLC in a report on Tuesday, July 25th.

Revolution Bars Group PLC (RBG) opened at 175.00 on Monday. Revolution Bars Group PLC has a 52 week low of GBX 103.00 and a 52 week high of GBX 247.96. The stock’s market capitalization is GBX 87.50 million. The stock’s 50 day moving average is GBX 204.76 and its 200-day moving average is GBX 172.89.

Revolution Bars Group PLC (LON:RBG) last posted its quarterly earnings data on Tuesday, October 3rd. The company reported GBX 14.20 ($0.19) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 13.10 ($0.17) by GBX 1.10 ($0.01). Revolution Bars Group PLC had a net margin of 5.77% and a return on equity of 18.25%. The business had revenue of £130.47 million during the quarter. Equities research analysts forecast that Revolution Bars Group PLC will post $16.64 EPS for the current year.

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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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