A.G. Barr (LON:BAG) had its price objective lowered by Barclays from GBX 720 ($9.41) to GBX 590 ($7.71) in a research report sent to investors on Wednesday morning, Digital Look reports. Barclays currently has an underweight rating on the stock.
A number of other analysts have also weighed in on the company. Shore Capital reiterated a house stock rating on shares of A.G. Barr in a research note on Thursday, May 16th. HSBC set a $46.00 price target on Aqua America and gave the company a buy rating in a research note on Friday, June 28th. Finally, Berenberg Bank restated a sell rating and set a GBX 600 ($7.84) price target on shares of in a research note on Wednesday, June 5th. Two investment analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The company has an average rating of Hold and an average target price of GBX 662.50 ($8.66).
BAG stock opened at GBX 614 ($8.02) on Wednesday. The company has a debt-to-equity ratio of 6.31, a quick ratio of 1.24 and a current ratio of 1.62. The stock has a fifty day simple moving average of GBX 894.24. A.G. Barr has a twelve month low of GBX 659 ($8.61) and a twelve month high of GBX 980 ($12.81). The stock has a market capitalization of $698.76 million and a price-to-earnings ratio of 19.49.
In other news, insider Jonathan David Kemp sold 4,000 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of GBX 828 ($10.82), for a total transaction of £33,120 ($43,277.15). Also, insider Roger Alexander White purchased 40 shares of the business’s stock in a transaction dated Monday, June 10th. The shares were purchased at an average price of GBX 970 ($12.67) per share, for a total transaction of £388 ($506.99). In the last 90 days, insiders have bought 74 shares of company stock worth $67,928.
A.G. Barr Company Profile
A.G. BARR p.l.c., together with its subsidiaries, manufactures, distributes, and sells soft drinks in the United Kingdom and internationally. It operates through Carbonates, Still Drinks and Water, and Other segments. The company offers flavored, carbonated soft, sparkling and still soft, juice fruit, flavored energy, squash, non-carbonated, natural, and blended exotic juice drinks, as well as other juices and soft drinks; spring and sparkling water; mixers and iced tea; and fruit cocktail mixers, including purées and syrups.
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