A.G. Barr plc (BAG) Given Average Recommendation of “Hold” by Brokerages
Shares of A.G. Barr plc (LON:BAG) have been given an average rating of “Hold” by the ten research firms that are currently covering the firm, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 575.89 ($7.45).
Several equities analysts recently issued reports on BAG shares. Investec reissued a “buy” rating and set a GBX 680 ($8.79) price objective on shares of A.G. Barr plc in a research note on Wednesday, August 2nd. Whitman Howard reaffirmed a “hold” rating and set a GBX 600 ($7.76) price target on shares of A.G. Barr plc in a research note on Wednesday, August 2nd. J P Morgan Chase & Co increased their price target on shares of A.G. Barr plc from GBX 535 ($6.92) to GBX 580 ($7.50) and gave the stock a “neutral” rating in a research note on Friday, July 7th. Finally, Numis Securities Ltd reaffirmed an “add” rating and set a GBX 675 ($8.73) price target on shares of A.G. Barr plc in a research note on Thursday, August 3rd.
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In other news, insider Roger Alexander White acquired 47 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The shares were purchased at an average cost of GBX 649 ($8.39) per share, for a total transaction of £305.03 ($394.50). Also, insider John Ross Nicolson acquired 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 25th. The stock was purchased at an average price of GBX 598 ($7.73) per share, for a total transaction of £35,880 ($46,404.55). Over the last 90 days, insiders bought 11,117 shares of company stock worth $6,648,189.
Shares of A.G. Barr plc (LON:BAG) traded down 1.95% during midday trading on Tuesday, reaching GBX 628.50. The company’s stock had a trading volume of 14,354 shares. The stock’s market capitalization is GBX 726.95 million. The company has a 50 day moving average price of GBX 619.40 and a 200-day moving average price of GBX 605.84. A.G. Barr plc has a 52 week low of GBX 469.40 and a 52 week high of GBX 663.00.
About A.G. Barr plc
A.G. BARR p.l.c. is a United Kingdom-based company, which is involved in soft drinks business. The Company’s segments include carbonates, still drinks and water, and other. Its other segment includes Funkin cocktail solutions, vending machines, ice-cream and other soft drink related items, such as water cups.
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