Revolution Bars Group PLC (RBG) Stock Rating Reaffirmed by FinnCap
Revolution Bars Group PLC (LON:RBG)‘s stock had its “buy” rating reaffirmed by stock analysts at FinnCap in a report released on Tuesday. They currently have a GBX 232 ($3.03) target price on the stock. FinnCap’s target price points to a potential upside of 45.00% from the stock’s current price.
Separately, Numis Securities Ltd reissued a “buy” rating and issued a GBX 265 ($3.46) price target on shares of Revolution Bars Group PLC in a research report on Wednesday, July 20th.
Revolution Bars Group PLC (LON:RBG) traded up 2.40% during midday trading on Tuesday, hitting GBX 160.00. The stock had a trading volume of 88,654 shares. The stock has a 50 day moving average of GBX 157.42 and a 200 day moving average of GBX 166.57. The stock’s market cap is GBX 80.00 billion. Revolution Bars Group PLC has a 12 month low of GBX 145.00 and a 12 month high of GBX 197.00.
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The firm also recently announced a dividend, which will be paid on Friday, December 9th. Stockholders of record on Thursday, November 10th will be issued a GBX 3.30 ($0.04) dividend. This represents a dividend yield of 2.14%. This is a boost from Revolution Bars Group PLC’s previous dividend of $1.50. The ex-dividend date of this dividend is Thursday, November 10th.
In other Revolution Bars Group PLC news, insider Michael Shallow bought 12,903 shares of Revolution Bars Group PLC stock in a transaction dated Tuesday, October 4th. The stock was acquired at an average cost of GBX 155 ($2.02) per share, with a total value of £19,999.65 ($26,105.80).
Revolution Bars Group PLC Company Profile
Revolution Bars Group Limited (Revolution Bars Group) is an operator of bars across the United Kingdom. The Company’s primary business is the sale of food and drinks to customers of its bars all of, which are occupied under leases from third-parties. The Company has a trading portfolio of approximately 58 bars, located in town or city high streets across the United Kingdom, which it operates under the Revolution (53 sites) and Revolucion de Cuba (five sites) brands.
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