Revolution Bars Group PLC (LON:RBG) Upgraded by Canaccord Genuity to “Buy”
Canaccord Genuity upgraded shares of Revolution Bars Group PLC (LON:RBG) to a buy rating in a research note issued to investors on Wednesday. The firm currently has GBX 150 ($1.95) price target on the stock.
A number of other equities analysts have also recently weighed in on the company. Peel Hunt reissued a buy rating and issued a GBX 260 ($3.39) price target on shares of Revolution Bars Group PLC in a report on Thursday, May 11th. FinnCap reissued an under review rating and issued a GBX 180 ($2.34) price target (down from GBX 250 ($3.26)) on shares of Revolution Bars Group PLC in a report on Friday, May 19th. Finally, Numis Securities Ltd reissued a hold rating on shares of Revolution Bars Group PLC in a report on Friday, May 19th.
Shares of Revolution Bars Group PLC (RBG) opened at 125.00 on Wednesday. The firm has a 50-day moving average price of GBX 112.64 and a 200 day moving average price of GBX 178.04. Revolution Bars Group PLC has a one year low of GBX 103.00 and a one year high of GBX 247.96. The stock’s market capitalization is GBX 62.50 million.
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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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