Berenberg Bank Reiterates Buy Rating for A.G. BARR (LON:BAG)

A.G. BARR (LON:BAG)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a report issued on Thursday,Digital Look reports. They currently have a GBX 800 target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 29.45% from the company’s previous close.

A number of other research analysts have also recently commented on BAG. Shore Capital Group reissued a “house stock” rating on shares of A.G. BARR in a report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 800 price objective on shares of A.G. BARR in a research report on Wednesday. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 800 target price on shares of A.G. BARR in a research note on Tuesday. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 800.

A.G. BARR Price Performance

A.G. BARR stock opened at GBX 618 on Thursday. The company has a debt-to-equity ratio of 14.20, a quick ratio of 1.99 and a current ratio of 1.67. A.G. BARR has a 52 week low of GBX 589 and a 52 week high of GBX 715.32. The stock has a market capitalization of £685.83 million, a P/E ratio of 14.78, a price-to-earnings-growth ratio of 1.36 and a beta of 0.35. The stock has a fifty day moving average of GBX 634.93 and a 200-day moving average of GBX 643.83.

Insider Transactions at A.G. BARR

In other news, insider Euan Sutherland purchased 303 shares of the business’s stock in a transaction on Monday, June 8th. The shares were acquired at an average price of GBX 614 per share, with a total value of £1,860.42. Insiders have acquired a total of 471 shares of company stock valued at $291,322 in the last quarter. 9.35% of the stock is owned by insiders.

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.