A.G. BARR (LON:BAG) Share Price Passes Above 200 Day Moving Average – What’s Next?

Shares of A.G. BARR p.l.c. (LON:BAG) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 677.97 ($9.09) and traded as high as GBX 682 ($9.14). A.G. BARR shares last traded at GBX 679 ($9.10), with a volume of 126,933 shares trading hands.

Analyst Ratings Changes

Several research firms have recently weighed in on BAG. Shore Capital restated a “house stock” rating on shares of A.G. BARR in a report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 760 target price on shares of A.G. BARR in a report on Wednesday, July 30th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 750 price target on shares of A.G. BARR in a research note on Tuesday, July 29th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 755.

A.G. BARR Stock Performance

The company has a debt-to-equity ratio of 2.62, a quick ratio of 1.99 and a current ratio of 1.87. The stock’s 50 day moving average price is GBX 690.80 and its 200 day moving average price is GBX 677.97. The company has a market capitalization of £755.30 million, a P/E ratio of 1,916.45, a price-to-earnings-growth ratio of 1.36 and a beta of 0.38.

A.G. BARR Company Profile

A.G. Barr is a UK-based branded multi beverage business focused on growth and the creation of long-term shareholder value.

Ambitious and value driven, with strong consumer focus, it is a brand owners and builder, offering a diverse and differentiated portfolio of brands that people love.

Established almost 150 years ago in Scotland, now operating across the UK and with export markets throughout the world, A.G.