A.G. BARR’s (BAG) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of A.G. BARR (LON:BAG) in a research report released on Monday morning,Digital Look reports. Berenberg Bank currently has a GBX 800 target price on the stock.

Separately, Shore Capital Group reiterated a “house stock” rating on shares of A.G. BARR in a research report on Tuesday, February 3rd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, A.G. BARR presently has an average rating of “Buy” and a consensus target price of GBX 777.50.

A.G. BARR Stock Down 1.4%

Shares of LON:BAG opened at GBX 647 on Monday. A.G. BARR has a one year low of GBX 608 and a one year high of GBX 728. The company has a 50 day moving average of GBX 660.24 and a 200-day moving average of GBX 653.69. The company has a debt-to-equity ratio of 14.20, a current ratio of 1.67 and a quick ratio of 1.99. The stock has a market cap of £717.67 million, a price-to-earnings ratio of 15.48, a P/E/G ratio of 1.36 and a beta of 0.40.

A.G. BARR (LON:BAG) last issued its quarterly earnings results on Tuesday, March 31st. The company reported GBX 42.27 EPS for the quarter. A.G. BARR had a net margin of 10.77% and a return on equity of 14.27%. The company had revenue of £437.30 million during the quarter. On average, sell-side analysts forecast that A.G. BARR will post 43.7109104 earnings per share for the current year.

Insider Activity at A.G. BARR

In related news, insider Julie A. Barr sold 5,097 shares of A.G. BARR stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of GBX 645, for a total transaction of £32,875.65. Also, insider Stuart Lorimer sold 105,960 shares of A.G. BARR stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of GBX 645, for a total transaction of £683,442. Insiders have purchased a total of 178 shares of company stock worth $119,100 in the last three months. 9.31% 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.