Recent Research Analysts’ Ratings Changes for Revolution Bars Group (RBG)

A number of research firms have changed their ratings and price targets for Revolution Bars Group (LON: RBG):

  • 10/11/2018 – Revolution Bars Group was downgraded by analysts at Peel Hunt to an “add” rating. They now have a GBX 150 ($1.96) price target on the stock, down previously from GBX 200 ($2.61).
  • 10/2/2018 – Revolution Bars Group is now covered by analysts at Canaccord Genuity. They set a “buy” rating and a GBX 190 ($2.48) price target on the stock.
  • 10/2/2018 – Revolution Bars Group had its “buy” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 190 ($2.48) price target on the stock.
  • 10/2/2018 – Revolution Bars Group had its “buy” rating reaffirmed by analysts at Peel Hunt.
  • 9/10/2018 – Revolution Bars Group had its “buy” rating reaffirmed by analysts at Numis Securities Ltd. They now have a GBX 190 ($2.48) price target on the stock.
  • 9/10/2018 – Revolution Bars Group had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 190 ($2.48) price target on the stock.
  • 9/10/2018 – Revolution Bars Group had its price target lowered by analysts at Peel Hunt from GBX 240 ($3.14) to GBX 200 ($2.61). They now have a “buy” rating on the stock.

LON:RBG traded up GBX 0.10 ($0.00) during trading hours on Wednesday, hitting GBX 115 ($1.50). The stock had a trading volume of 217,231 shares, compared to its average volume of 123,128. Revolution Bars Group PLC has a 1-year low of GBX 99 ($1.29) and a 1-year high of GBX 233 ($3.04).

The company also recently disclosed a dividend, which will be paid on Friday, December 7th. Shareholders of record on Thursday, November 8th will be given a GBX 3.30 ($0.04) dividend. This is an increase from Revolution Bars Group’s previous dividend of $1.65. The ex-dividend date is Thursday, November 8th. This represents a yield of 2.69%.

In other news, insider Rob Pitcher acquired 50,000 shares of the stock in a transaction on Wednesday, October 17th. The stock was bought at an average price of GBX 116 ($1.52) per share, with a total value of £58,000 ($75,787.27).

Revolution Bars Group plc operates premium bars located in towns or city high streets across the United Kingdom. Its bars offer food and drinks. The company operates 69 bars, including 55 bars under the Revolution and 14 under the Revolución de Cuba brand names. Revolution Bars Group plc was founded in 1991 and is headquartered in Ashton-Under-Lyne, the United Kingdom.

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