Revolution Bars Group (RBG) Earns Buy Rating from Canaccord Genuity
Revolution Bars Group (LON:RBG)‘s stock had its “buy” rating reiterated by equities researchers 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 price objective indicates a potential upside of 43.75% from the stock’s current price.
Other research analysts have also issued research reports about the stock. Peel Hunt raised shares of Revolution Bars Group to an “add” rating and increased their price target for the stock from GBX 215 ($2.89) to GBX 240 ($3.23) in a research report on Thursday, October 5th. Numis Securities reissued an “add” rating and issued a GBX 200 ($2.69) price target on shares of Revolution Bars Group in a research report on Monday, October 23rd. Finally, FinnCap raised shares of Revolution Bars Group to a “buy” rating and increased their price target for the stock from GBX 203 ($2.73) to GBX 210 ($2.83) in a research report on Wednesday, November 1st.
Revolution Bars Group (LON:RBG) traded down GBX 3 ($0.04) during trading hours on Friday, reaching GBX 160 ($2.15). 44,207 shares of the company traded hands, compared to its average volume of 199,051. Revolution Bars Group has a 52-week low of GBX 99 ($1.33) and a 52-week 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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