Peel Hunt Reaffirms Buy Rating for Revolution Bars Group (RBG)
Revolution Bars Group (LON:RBG)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a research note issued on Friday. They presently have a GBX 240 ($3.21) price objective on the stock. Peel Hunt’s price objective points to a potential upside of 58.94% from the company’s current price.
Several other equities research analysts also recently commented on the stock. FinnCap upgraded shares of Revolution Bars Group to a “buy” rating and lifted their target price for the stock from GBX 203 ($2.71) to GBX 210 ($2.81) in a research report on Wednesday, November 1st. Canaccord Genuity restated a “buy” rating and set a GBX 230 ($3.08) price target on shares of Revolution Bars Group in a report on Friday, December 8th. Finally, Numis Securities restated an “add” rating and set a GBX 200 ($2.67) price target on shares of Revolution Bars Group in a report on Monday, October 23rd.
Revolution Bars Group (RBG) traded up GBX 1 ($0.01) during trading hours on Friday, reaching GBX 151 ($2.02). 190,618 shares of the company traded hands, compared to its average volume of 97,342. Revolution Bars Group has a twelve month low of GBX 99 ($1.32) and a twelve month high of GBX 247.96 ($3.32). The firm has a market cap of $75.50 and a P/E ratio of 1,887.50.
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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