Revolution Bars Group (RBG) Earns Buy Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Revolution Bars Group (LON:RBG) in a research report report published on Monday morning. The brokerage currently has a GBX 240 ($3.21) target price on the stock.

A number of other research analysts have also weighed in on RBG. FinnCap reaffirmed a buy rating and set a GBX 180 ($2.41) price objective on shares of Revolution Bars Group in a research report on Tuesday, August 1st. Canaccord Genuity raised their price objective on Revolution Bars Group from GBX 150 ($2.01) to GBX 220 ($2.95) and gave the company a buy rating in a research report on Wednesday, August 16th. Finally, Numis Securities reaffirmed an add rating and set a GBX 200 ($2.68) price objective on shares of Revolution Bars Group in a research report on Monday, October 23rd.

Revolution Bars Group (RBG) opened at GBX 171 ($2.29) on Monday. Revolution Bars Group has a 52-week low of GBX 99 ($1.33) and a 52-week high of GBX 247.96 ($3.32).

Revolution Bars Group (LON:RBG) last posted its quarterly earnings data on Tuesday, October 3rd. The company reported GBX 14.20 ($0.19) earnings per share for the quarter, beating the Zacks’ consensus estimate of GBX 13.10 ($0.18) by GBX 1.10 ($0.01). Revolution Bars Group had a return on equity of 1.25% and a net margin of 0.41%. The company had revenue of £130.47 million during the quarter.

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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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