FinnCap Reiterates Hold Rating for Revolution Bars Group PLC (RBG)

Revolution Bars Group PLC (LON:RBG)‘s stock had its “hold” rating reaffirmed by investment analysts at FinnCap in a research report issued to clients and investors on Monday, October 16th. They currently have a GBX 203 ($2.68) target price on the stock. FinnCap’s target price would suggest a potential upside of 21.19% from the stock’s current price.

RBG has been the subject of a number of other research reports. Canaccord Genuity restated a “hold” rating and set a GBX 203 ($2.68) price objective on shares of Revolution Bars Group PLC in a report on Monday, October 9th. Numis Securities Ltd restated a “hold” rating and set a GBX 130 ($1.72) price objective on shares of Revolution Bars Group PLC in a report on Tuesday, July 25th. Finally, Peel Hunt downgraded shares of Revolution Bars Group PLC to a “hold” rating and boosted their price objective for the stock from GBX 155 ($2.05) to GBX 200 ($2.64) in a report on Tuesday, August 1st.

Shares of Revolution Bars Group PLC (RBG) opened at 167.50 on Monday. The stock’s market capitalization is GBX 83.75 million. The firm has a 50-day moving average price of GBX 200.13 and a 200-day moving average price of GBX 171.10. Revolution Bars Group PLC has a 1-year low of GBX 103.00 and a 1-year high of GBX 247.96.

Revolution Bars Group PLC (LON:RBG) last released its quarterly earnings data on Tuesday, October 3rd. The company reported GBX 14.20 ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of GBX 13.10 ($0.17) by GBX 1.10 ($0.01). Revolution Bars Group PLC had a net margin of 0.41% and a return on equity of 1.25%. The business had revenue of £130.47 million during the quarter. On average, equities research analysts forecast that Revolution Bars Group PLC will post $16.64 earnings per share for the current year.

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About Revolution Bars Group PLC

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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