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).

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 (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 13.10 ($0.18) 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.

TRADEMARK VIOLATION WARNING: This report was posted by American Banking News and is the property of of American Banking News. If you are reading this report on another site, it was copied illegally and republished in violation of United States & international copyright and trademark law. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/12/10/revolution-bars-group-rbg-earns-buy-rating-from-canaccord-genuity.html.

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.

Receive News & Ratings for Revolution Bars Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revolution Bars Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.