A.G. BARR (LON:BAG) Given “Buy” Rating at Canaccord Genuity Group

A.G. BARR (LON:BAG)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a research report issued on Friday,Digital Look reports. They presently have a GBX 800 price objective on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 17.99% from the company’s current price.

A number of other brokerages have also weighed in on BAG. Shore Capital reaffirmed a “house stock” rating on shares of A.G. BARR in a research note on Tuesday, July 29th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 750 price objective on shares of A.G. BARR in a research report on Tuesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 760 target price on shares of A.G. BARR in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 770.

A.G. BARR Stock Performance

BAG stock opened at GBX 678 on Friday. A.G. BARR has a 1-year low of GBX 555 and a 1-year high of GBX 728. The business’s 50-day moving average price is GBX 687.06 and its two-hundred day moving average price is GBX 681.41. The firm has a market cap of £754.19 million, a PE ratio of 1,565.10, a P/E/G ratio of 1.36 and a beta of 0.38. The company has a current ratio of 1.87, a quick ratio of 1.99 and a debt-to-equity ratio of 2.62.

A.G. BARR (LON:BAG) last released its quarterly earnings results on Tuesday, September 30th. The company reported GBX 24.90 EPS for the quarter. A.G. BARR had a return on equity of 12.27% and a net margin of 8.81%. As a group, research analysts forecast that A.G. BARR will post 43.7109104 earnings per share for the current year.

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.