A.G. BARR (LON:BAG) Stock Crosses Above 200-Day Moving Average – What’s Next?

A.G. BARR p.l.c. (LON:BAG)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 641.57 and traded as high as GBX 646. A.G. BARR shares last traded at GBX 641, with a volume of 153,266 shares traded.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 800 price objective on shares of A.G. BARR in a research note on Monday, April 20th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 777.50.

A.G. BARR Price Performance

The firm’s fifty day simple moving average is GBX 625.34 and its 200-day simple moving average is GBX 641.54. The firm has a market capitalization of £708.03 million, a PE ratio of 15.26, a PEG ratio of 1.36 and a beta of 0.35. The company has a quick ratio of 1.99, a current ratio of 1.67 and a debt-to-equity ratio of 14.20.

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

Insider Buying and Selling at A.G. BARR

In other news, insider Stuart Lorimer sold 105,960 shares of the business’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of GBX 645, for a total value of £683,442. Also, insider Julie A. Barr sold 5,097 shares of the stock in a transaction on Monday, April 13th. The shares were sold at an average price of GBX 645, for a total value of £32,875.65. In the last three months, insiders have acquired 469 shares of company stock worth $290,920. Insiders own 9.35% of the company’s stock.

About A.G. BARR

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.