Revolution Bars Group’s (RBG) “Buy” Rating Reaffirmed at Numis Securities

Revolution Bars Group (LON:RBG)‘s stock had its “buy” rating reiterated by equities researchers at Numis Securities in a research note issued to investors on Monday, September 10th. They presently have a GBX 190 ($2.47) price objective on the stock. Numis Securities’ price target would suggest a potential upside of 46.15% from the company’s previous close.

A number of other equities research analysts also recently commented on RBG. Canaccord Genuity reiterated a “buy” rating and set a GBX 190 ($2.47) price target on shares of Revolution Bars Group in a report on Monday, September 10th. Peel Hunt lowered their target price on shares of Revolution Bars Group from GBX 240 ($3.13) to GBX 200 ($2.61) and set a “buy” rating for the company in a report on Monday, September 10th.

Shares of LON RBG traded up GBX 2.40 ($0.03) during midday trading on Monday, reaching GBX 130 ($1.69). 33,832 shares of the stock were exchanged, compared to its average volume of 123,128. Revolution Bars Group has a 52-week low of GBX 99 ($1.29) and a 52-week high of GBX 233 ($3.04).

Revolution Bars Group Company Profile

Revolution Bars Group plc operates premium bars located in towns or city high streets across the United Kingdom. Its bars offer food and drinks. The company operates 69 bars, including 55 bars under the Revolution and 14 under the Revolución de Cuba brand names. Revolution Bars Group plc was founded in 1991 and is headquartered in Ashton-Under-Lyne, the United Kingdom.

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