Revolution Bars Group (LON:RBG) Covered By Yet Another Research Firm

October 2, 2018 - By Michael Collier

Revolution Bars Group plc (LON:RBG) Logo

Why Has Canaccord Genuity Given Revolution Bars Group (LON:RBG) a GBX 190.00 Price Target

Analysts at Canaccord Genuity started coverage on shares of Revolution Bars Group (LON:RBG) in a note issued to investors and clients on 2 October. The firm set Buy rating on the 61.00 million GBP market cap company.

Revolution Bars Group plc (LON:RBG) Ratings Coverage

Among 3 analysts covering Revolution Bars Group Plc (LON:RBG), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Revolution Bars Group Plc has GBX 200 highest and GBX 190 lowest target. GBX 193.33’s average target is 58.47% above currents GBX 122 stock price. Revolution Bars Group Plc had 7 analyst reports since June 14, 2018 according to SRatingsIntel. The company was maintained on Thursday, June 14 by Numis Securities. The firm earned “Buy” rating on Tuesday, October 2 by Peel Hunt. Canaccord Genuity maintained the shares of RBG in report on Monday, September 10 with “Buy” rating. The rating was maintained by Peel Hunt on Monday, September 10 with “Buy”. Numis Securities maintained the shares of RBG in report on Tuesday, October 2 with “Buy” rating. On Tuesday, September 11 the stock rating was maintained by Numis Securities with “Buy”. The firm earned “Buy” rating on Monday, August 6 by Peel Hunt.

The stock decreased 2.40% or GBX 3 during the last trading session, reaching GBX 122. About 174,928 shares traded or 10.02% up from the average. Revolution Bars Group plc (LON:RBG) has 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Revolution Bars Group plc operates premium bars located in towns or city high streets across the United Kingdom. The company has market cap of 61.00 million GBP. The Company’s bars offer food and drinks. It currently has negative earnings. The firm operates 69 bars, including 55 bars under the Revolution and 14 under the Revoluci??n de Cuba brand names.

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