Revolution Bars Group PLC’s (RBG) “Hold” Rating Reiterated at FinnCap

FinnCap reiterated their hold rating on shares of Revolution Bars Group PLC (LON:RBG) in a research report sent to investors on Monday. The brokerage currently has a GBX 203 ($2.70) price target on the stock.

A number of other research firms have also recently commented on RBG. Canaccord Genuity reaffirmed a hold rating and issued a GBX 203 ($2.70) price target on shares of Revolution Bars Group PLC in a report on Monday, October 9th. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 130 ($1.73) price target on shares of Revolution Bars Group PLC in a report on Tuesday, July 25th. Finally, Peel Hunt raised shares of Revolution Bars Group PLC to an add rating and lifted their price target for the stock from GBX 215 ($2.86) to GBX 240 ($3.19) in a report on Thursday, October 5th.

Revolution Bars Group PLC (RBG) opened at 177.25 on Monday. The firm’s market cap is GBX 88.63 million. Revolution Bars Group PLC has a 52-week low of GBX 103.00 and a 52-week high of GBX 247.96. The stock has a 50 day moving average price of GBX 205.72 and a 200 day moving average price of GBX 172.88.

Revolution Bars Group PLC (LON:RBG) last posted its quarterly earnings results on Tuesday, October 3rd. The company reported GBX 14.20 ($0.19) EPS for the quarter, topping analysts’ consensus estimates of GBX 13.10 ($0.17) by GBX 1.10 ($0.01). The company had revenue of £130.47 million for the quarter. Revolution Bars Group PLC had a net margin of 5.77% and a return on equity of 18.25%. Equities analysts predict that Revolution Bars Group PLC will post $16.64 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This piece was reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this piece on another publication, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.chaffeybreeze.com/2017/10/20/revolution-bars-group-plcs-rbg-hold-rating-reiterated-at-finncap.html.

Revolution Bars Group PLC Company Profile

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.

Latest News

Leave a Reply