A.G. BARR (LON:BAG) Rating Reiterated by Berenberg Bank

A.G. BARR (LON:BAGGet Rating)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a report released on Thursday, Digital Look reports. They currently have a GBX 660 ($8.24) target price on the stock. Berenberg Bank’s price objective indicates a potential upside of 15.23% from the stock’s current price.

A number of other research analysts also recently weighed in on the company. Shore Capital reaffirmed a “house stock” rating on shares of A.G. BARR in a research note on Tuesday, March 29th. Peel Hunt reaffirmed a “buy” rating and set a GBX 595 ($7.43) target price on shares of A.G. BARR in a research report on Tuesday, April 12th. Finally, Barclays lifted their price target on shares of A.G. BARR from GBX 500 ($6.25) to GBX 517 ($6.46) and gave the company an “underweight” rating in a research report on Wednesday, February 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 588.40 ($7.35).

Shares of LON BAG opened at GBX 572.76 ($7.16) on Thursday. The firm has a market capitalization of £641.66 million and a P/E ratio of 22.93. The firm’s 50-day moving average price is GBX 530.57 and its 200-day moving average price is GBX 515.81. The company has a current ratio of 2.38, a quick ratio of 1.91 and a debt-to-equity ratio of 1.77. A.G. BARR has a 1-year low of GBX 462.50 ($5.78) and a 1-year high of GBX 595.82 ($7.44).

In related news, insider Stuart Lorimer purchased 3,654 shares of the firm’s stock in a transaction that occurred on Tuesday, March 29th. The stock was acquired at an average price of GBX 544 ($6.80) per share, for a total transaction of £19,877.76 ($24,831.68). In the last ninety days, insiders have purchased 3,742 shares of company stock worth $2,032,893.

About A.G. BARR (Get Rating)

A.G. BARR p.l.c., together with its subsidiaries, manufactures, distributes, and sells soft drinks in the United Kingdom and internationally. The company operates through three segments: Carbonated Soft Drinks, Still Soft Drinks and Water, and Funkin. It provides carbonated and flavored soft drinks, drinks with spirit, fruit cocktails, fruit juices, spring and sparkling water, fruit drinks, energy drinks, iced tea, and other non-alcoholic beverages.

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Analyst Recommendations for A.G. BARR (LON:BAG)

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