A.G. BARR (LON:BAG) Shares Cross Above 200 Day Moving Average – Here’s What Happened

A.G. BARR p.l.c. (LON:BAG)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 661.66 and traded as high as GBX 670. A.G. BARR shares last traded at GBX 659, with a volume of 67,769 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of A.G. BARR in a research note on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 770.

A.G. BARR Price Performance

The stock has a market cap of £733.05 million, a P/E ratio of 15.21, a price-to-earnings-growth ratio of 1.36 and a beta of 0.37. The firm has a 50-day moving average price of GBX 662.70 and a 200-day moving average price of GBX 661.66. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.99 and a current ratio of 1.96.

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