Revolution Bars Group (RBG) Rating Reiterated by Canaccord Genuity
Revolution Bars Group (LON:RBG)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a research report issued on Friday. They presently have a GBX 230 ($3.10) price objective on the stock. Canaccord Genuity’s target price points to a potential upside of 43.75% from the stock’s previous close.
Several other analysts also recently commented on RBG. Peel Hunt upped their price objective on Revolution Bars Group from GBX 203 ($2.73) to GBX 215 ($2.89) and gave the company a “hold” rating in a research note on Tuesday, October 3rd. FinnCap restated a “hold” rating and set a GBX 203 ($2.73) target price on shares of Revolution Bars Group in a research note on Monday, October 9th. Finally, Numis Securities restated an “add” rating and set a GBX 200 ($2.69) target price on shares of Revolution Bars Group in a research note on Monday, October 23rd.
Revolution Bars Group (LON RBG) traded down GBX 3 ($0.04) during trading on Friday, reaching GBX 160 ($2.15). The company had a trading volume of 44,207 shares, compared to its average volume of 199,051. Revolution Bars Group has a 12-month low of GBX 99 ($1.33) and a 12-month high of GBX 247.96 ($3.34).
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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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