Revolution Bars Group PLC’s (LON:RBG) “Buy” Rating Reiterated at FinnCap

Revolution Bars Group PLC (LON:RBG)‘s stock had its “buy” rating reissued by investment analysts at FinnCap in a report issued on Tuesday, July 25th. They currently have a GBX 180 ($2.34) price objective on the stock. FinnCap’s price target would indicate a potential downside of 5.26% from the company’s current price.

Several other brokerages also recently issued reports on RBG. Numis Securities Ltd reaffirmed a “hold” rating on shares of Revolution Bars Group PLC in a report on Friday, May 19th. Peel Hunt reaffirmed a “buy” rating and set a GBX 260 ($3.38) price target on shares of Revolution Bars Group PLC in a report on Wednesday, April 12th. Finally, Canaccord Genuity downgraded Revolution Bars Group PLC to a “hold” rating and cut their price target for the company from GBX 300 ($3.89) to GBX 150 ($1.95) in a report on Monday, May 22nd.

Revolution Bars Group PLC (LON RBG) remained flat at GBX 190.00 during midday trading on Tuesday. 506,576 shares of the company’s stock were exchanged. The firm’s 50 day moving average price is GBX 139.42 and its 200-day moving average price is GBX 174.77. Revolution Bars Group PLC has a 12 month low of GBX 103.00 and a 12 month high of GBX 247.96. The firm’s market capitalization is GBX 95.00 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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