Revolution Bars Group (RBG) Raised to Buy at Numis Securities

Revolution Bars Group (LON:RBG) was upgraded by research analysts at Numis Securities to a “buy” rating in a research report issued on Monday, January 22nd. The firm presently has a GBX 200 ($2.76) price target on the stock. Numis Securities’ price target points to a potential upside of 21.21% from the company’s current price.

A number of other equities research analysts have also recently weighed in on the company. Peel Hunt upgraded Revolution Bars Group to a “buy” rating and set a GBX 240 ($3.32) price objective for the company in a research note on Wednesday, October 25th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 230 ($3.18) price target on shares of Revolution Bars Group in a research note on Friday, December 8th. Finally, FinnCap upgraded Revolution Bars Group to a “buy” rating and increased their price target for the company from GBX 203 ($2.80) to GBX 210 ($2.90) in a research note on Wednesday, November 1st.

Shares of Revolution Bars Group (LON RBG) remained flat at $GBX 165 ($2.28) during midday trading on Monday. The company’s stock had a trading volume of 789 shares, compared to its average volume of 142,936. The stock has a market capitalization of $84.48 and a PE ratio of 2,062.50. Revolution Bars Group has a one year low of GBX 99 ($1.37) and a one year high of GBX 247.96 ($3.43).

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Revolution Bars Group 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.

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