Revolution Bars Group PLC (RBG) Stock Rating Reaffirmed by FinnCap

FinnCap reiterated their hold rating on shares of Revolution Bars Group PLC (LON:RBG) in a research report released on Monday, StockTargetPrices.com reports. FinnCap currently has a GBX 203 ($2.67) price target on the stock.

A number of other brokerages have also issued reports on RBG. Peel Hunt increased their price target on Revolution Bars Group PLC from GBX 203 ($2.67) to GBX 215 ($2.83) and gave the stock a hold rating in a research note on Tuesday, October 3rd. Canaccord Genuity increased their price target on Revolution Bars Group PLC from GBX 150 ($1.97) to GBX 220 ($2.89) and gave the stock a buy rating in a research note on Wednesday, August 16th. Finally, Numis Securities Ltd reiterated a hold rating and issued a GBX 130 ($1.71) price target on shares of Revolution Bars Group PLC in a research note on Tuesday, July 25th.

Shares of Revolution Bars Group PLC (LON:RBG) opened at 198.00 on Monday. Revolution Bars Group PLC has a 1-year low of GBX 99.00 and a 1-year high of GBX 247.96. The company’s 50-day moving average price is GBX 208.47 and its 200 day moving average price is GBX 173.72. The company’s market cap is GBX 99.00 million.

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

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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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