Revolution Bars Group (RBG) Rating Reiterated by Peel Hunt
Revolution Bars Group (LON:RBG)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research report issued to clients and investors on Monday. They presently have a GBX 240 ($3.20) target price on the stock. Peel Hunt’s price target suggests a potential upside of 56.86% from the stock’s current price.
RBG has been the subject of several other reports. FinnCap reaffirmed a “hold” rating and issued a GBX 203 ($2.71) price target on shares of Revolution Bars Group in a research note on Monday, October 16th. Canaccord Genuity reaffirmed a “hold” rating and issued a GBX 203 ($2.71) price target on shares of Revolution Bars Group in a research note on Monday, October 9th. Finally, Numis Securities reaffirmed an “add” rating and issued a GBX 200 ($2.67) price target on shares of Revolution Bars Group in a research note on Monday, October 23rd.
Shares of Revolution Bars Group (RBG) opened at GBX 153 ($2.04) on Monday. Revolution Bars Group has a 52 week low of GBX 99 ($1.32) and a 52 week high of GBX 247.96 ($3.31).
Revolution Bars Group (LON:RBG) last posted its quarterly earnings results on Tuesday, October 3rd. The company reported GBX 14.20 ($0.19) earnings per share for the quarter, beating the consensus estimate of GBX 13.10 ($0.17) by GBX 1.10 ($0.01). Revolution Bars Group had a net margin of 0.41% and a return on equity of 1.25%. The firm had revenue of £130.47 million during the quarter.
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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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