November 30, 2016 - By Clifton Ray
In an analyst report sent to investors and clients on today, FinnCap reaffirmed their Buy rating on Revolution Bars Group (LON:RBG)‘s stock. The target price per share would suggest a potential upside of 28.18% from company’s current price.
Out of 2 analysts covering Revolution Bars Group Plc (LON:RBG), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 265 is the highest target while GBX 232 is the lowest. The GBX 248.50 average target is 38.06% above today’s (GBX 180) stock price. Revolution Bars Group Plc has been the topic of 14 analyst reports since September 29, 2015 according to StockzIntelligence Inc. Numis Securities maintained it with “Buy” rating and GBX 265 target price in Tuesday, September 29 report. Numis Securities maintained it with “Buy” rating and GBX 265 target price in Wednesday, July 20 report. The stock of Revolution Bars Group PLC (LON:RBG) has “Buy” rating given on Tuesday, January 19 by Numis Securities. The rating was maintained by FinnCap with “Buy” on Friday, November 4. The company was maintained on Monday, January 11 by Numis Securities. The firm has “Buy” rating by Numis Securities given on Thursday, March 17. On Tuesday, October 4 the stock rating was maintained by Numis Securities with “Buy”. As per Tuesday, October 4, the company rating was maintained by FinnCap. The firm has “Buy” rating given on Wednesday, November 30 by FinnCap. Numis Securities maintained Revolution Bars Group PLC (LON:RBG) rating on Monday, February 22. Numis Securities has “Buy” rating and GBX 265 price target.
The stock decreased 1.10% or GBX 2 on November 30, hitting GBX 180. About 117,263 shares traded hands. Revolution Bars Group PLC (LON:RBG) has risen 4.00% since May 3, 2016 and is uptrending. It has underperformed by 1.23% the S&P500.
Revolution Bars Group plc is a United Kingdom operator of bars. The company has a market cap of 87.67 million GBP. The Firm 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. It has a 14.83 P/E ratio. 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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By Clifton Ray