Revolution Bars Group PLC (RBG) Price Target Raised to GBX 220 at Canaccord Genuity

Revolution Bars Group PLC (LON:RBG) had its target price hoisted by Canaccord Genuity from GBX 150 ($1.95) to GBX 220 ($2.86) in a research report report published on Wednesday morning. They currently have a buy rating on the stock.

Other analysts have also recently issued reports about the company. Peel Hunt cut Revolution Bars Group PLC to an add rating and decreased their price objective for the stock from GBX 260 ($3.38) to GBX 220 ($2.86) in a research report on Friday, May 19th. FinnCap reaffirmed a buy rating and set a GBX 180 ($2.34) price objective on shares of Revolution Bars Group PLC in a research report on Tuesday, July 25th. Finally, Numis Securities Ltd reaffirmed a hold rating and set a GBX 130 ($1.69) price objective on shares of Revolution Bars Group PLC in a research report on Tuesday, July 25th.

Shares of Revolution Bars Group PLC (LON RBG) traded up 0.26% on Wednesday, reaching GBX 190.50. The company had a trading volume of 271,088 shares. The company’s 50-day moving average price is GBX 135.24 and its 200 day moving average price is GBX 174.56. Revolution Bars Group PLC has a 52 week low of GBX 99.00 and a 52 week high of GBX 247.96. The firm’s market capitalization is GBX 95.25 million.

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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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