A.G. BARR’s (BAG) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of A.G. BARR (LON:BAG) in a research note issued to investors on Monday,Digital Look reports. They currently have a GBX 800 price target on the stock.

Separately, Shore Capital Group reissued a “house stock” rating on shares of A.G. BARR in a report on Tuesday, February 3rd. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, A.G. BARR presently has a consensus rating of “Buy” and an average price target of GBX 777.50.

A.G. BARR Stock Up 2.3%

BAG opened at GBX 669.94 on Monday. The stock has a market cap of £743.12 million, a PE ratio of 16.03, a P/E/G ratio of 1.36 and a beta of 0.40. The company has a quick ratio of 1.99, a current ratio of 1.67 and a debt-to-equity ratio of 14.20. A.G. BARR has a 52 week low of GBX 608 and a 52 week high of GBX 728. The business’s fifty day simple moving average is GBX 660.47 and its 200 day simple moving average is GBX 653.85.

A.G. BARR (LON:BAG) last issued its quarterly earnings results on Tuesday, March 31st. The company reported GBX 42.27 earnings per share (EPS) for the quarter. A.G. BARR had a return on equity of 14.27% and a net margin of 10.77%.The firm had revenue of £437.30 million during the quarter. As a group, research analysts expect that A.G. BARR will post 43.7109104 earnings per share for the current fiscal year.

Insider Activity at A.G. BARR

In other news, insider Julie A. Barr sold 5,097 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of GBX 645, for a total transaction of £32,875.65. Also, insider Stuart Lorimer sold 105,960 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of GBX 645, for a total value of £683,442. In the last quarter, insiders acquired 178 shares of company stock valued at $119,100. Company insiders own 9.31% of the company’s stock.

About A.G. BARR

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. Barr strives to grow its business both organically and through targeted acquisition.