Peel Hunt Reiterates “Buy” Rating for Revolution Bars Group (RBG)
Revolution Bars Group (LON:RBG)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research report issued on Friday. They presently have a GBX 240 ($3.32) target price on the stock. Peel Hunt’s price objective points to a potential upside of 52.87% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Canaccord Genuity reiterated a “buy” rating and issued a GBX 230 ($3.18) price target on shares of Revolution Bars Group in a research report on Monday, January 22nd. Numis Securities upgraded shares of Revolution Bars Group to a “buy” rating and set a GBX 200 ($2.76) price target on the stock in a research report on Monday, January 22nd.
Shares of Revolution Bars Group (RBG) opened at GBX 157 ($2.17) on Friday. Revolution Bars Group has a 1 year low of GBX 99 ($1.37) and a 1 year high of GBX 247.96 ($3.43). The company has a market cap of $78.50 and a PE ratio of 1,962.50.
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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