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

Revolution Bars Group PLC (LON:RBG)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a research note issued to investors on Thursday, May 11th. They currently have a GBX 260 ($3.29) price target on the stock. Peel Hunt’s price objective points to a potential upside of 127.07% from the stock’s previous close.

RBG has been the topic of a number of other research reports. FinnCap lifted their target price on Revolution Bars Group PLC from GBX 245 ($3.10) to GBX 250 ($3.16) and gave the stock a “buy” rating in a research report on Tuesday, February 28th. Canaccord Genuity reiterated a “buy” rating and set a GBX 300 ($3.80) target price on shares of Revolution Bars Group PLC in a research report on Tuesday, February 14th. Finally, Numis Securities Ltd reiterated a “buy” rating and set a GBX 265 ($3.35) target price on shares of Revolution Bars Group PLC in a research report on Thursday, January 19th.

Shares of Revolution Bars Group PLC (LON:RBG) opened at 114.50 on Thursday. The stock’s market cap is GBX 57.25 million. The firm’s 50-day moving average price is GBX 157.53 and its 200 day moving average price is GBX 197.68. Revolution Bars Group PLC has a 1-year low of GBX 103.25 and a 1-year high of GBX 247.96.

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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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